Oil continues with negative sign in New York and registers loss in London

The barrel of crude oil continued with negative value in the New York market, while showing a drop in its price in London.

The West Texas Intermediate (WTI) crude, which operates in the New York futures market (Nymex), collapsed this morning 74.33% and was trading at US $ -9.66 a barrel in contracts with delivery in May .

Similarly, Brent oil from the North Sea, which does it in the London electronic market (ICE), fell 20.77% and the barrel was agreed to US $ 20.36 also in contracts for June, according as reported by the Bloomberg agency.

For its part, the Organization of Petroleum Exporting Countries (OPEC) reported that its crude oil basket was trading at US $ 14.19 a barrel yesterday, compared to US $ 18.16 last Friday, which represented a collapse of 21 , 87%.