Crude oil prices, April 9 -- Following Donald Trump's tariffs uncertainty and Saudi Arabia's rate cuts, crude oil prices dropped to more than four years low on Wednesday. WTI crude oil price oscillates around the $57.70 mark, logging an intraday loss of nearly 3.20% during early morning deals in the Asian stock market. Brent futures lost $2.13, or 3.39%, to $60.69 a barrel as of 0108 GMT. US West Texas Intermediate crude futures fell $2.36, or 3.96%, to $57.22. Brent reached its lowest point in March 2021, and WTI reached its lowest in February 2021. Crude oil futures contract for April expiry on the Multi Commodity Exchange (MCX) crashed 1.78% or Rs.94 per barrel on Tuesday and closed at Rs.5,199 per barrel.

Both benchmarks have tumbled...