North Sea oil, reference in Europe, It quoted at US $ 59.04with a recoil of 6.01 % compared to the closure of the eve, when it was at US $ 62.82.
Black gold opened with a strong downward trend And, early in the session, he was close to breaking the barrier of US $ 60 per barrel.
Brent collapsed after China will announce an 84 % increase in tariffs About the imported goods from the US.which deepens the crisis caused by the levies imposed by the president of the United States, Donald Trump, to the rest of the world.
The crude is at least four years. Before Trump’s announcement, he was quoted at US $ 74.95, so since then accumulate a decline greater than 21 %.
Brent registered a 6.42 % drop on April 3, 6.5 % on Friday 4, 2.09 % on Monday 7 and 2.16 % on Tuesday 8, due to the fear that the trade war initiated by Trump Derive in one recession.
The Bank of England warned that Tariffs imposed by the US. they can affect financial stability and stop world economic growth, Although the British banking system is prepared to support households and companies.
“The global risk environment has deteriorated and uncertainty has intensified”, Said the financial policy committee of the English issuing bank in a report.
“The probability of adverse events and the possible severity of its impact have increased,” the document added.
According to the report, the current commercial war could harm the financial stability to the depress the growth of the global economy“particularly relevant” risks for the United Kingdom, since it is an open economy with a broad financial sector.
Meanwhile, the West Texas Intermediate (WTI), reference in the US, fell 4.21 % to the US $ 57.08 the barrel, before the official opening of the market.
In addition, the Bitcóin retreated 0.11 % and stood at US $ 76 thousand 968.8.