Reuters | Wall St. Slumps as Oil Prices Continue to Fall New York Times OIL SLUMP Last week's decision by OPEC to maintain production levels has hit oil prices hard over the last two trading sessions. Oil prices on Tuesday were at early 2009 levels, when the world economy was in its deepest recession since World War II. Oil price hits fresh post 2009 lows as glut grows US crude ticks up after hitting nearly 7-year low Commodity crunch: Brent crude oil plunges through $40 – live updates |