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European shares closed at the bottom of 8 months after the collapse in oil prices

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And carry a sector index The oil And gas most of the losses, down about 17 percent after crude prices lost a third of their value.

The pointer is closed Stokes 600 Europeans fell 7.4 percent, in its worst days since the financial crisis in 2008 and 2009.

And lost European stocks So far, about $ 3 trillion of its value since the Kindle spread of a virus is rapidly spreading Sk Around the world the spark of sales in February, as its outbreak seemed likely to derail economic activity around the world.

Andrea Cisioni, Director of Strategy at TS Lombard in London, said: "The oil shock exacerbates the impact of the Corona virus on the world economy".

He added: "In the short term, no matter who feels the pain of price shock, they will act immediately, reduce spending and reduce investment, while the winners move in a much greater degree."

Norwegian shares exposed to crude oil prices tumbled 9.4 percent, on its worst day in more than 30 years, while the FTSE 100 index in London with commodities stocks lost 7.7 percent.

The shares of oil giants BP and Royal Dutch Shell lost about 20 percent, while the Norwegian shares of Norwegian Energy fell 39 percent.

Tallow Oil shares are topping the Stox 600, with a loss of nearly 32 percent.

All European sector indices fell sharply, with mining companies, the auto industry and banks, all sensitive to growth, falling by about 10 percent.

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The index of the oil and gas sector incurred most of the losses, sliding about 17 percent after crude prices lost a third of their value.

The pan-European STOXX 600 index closed 7.4 percent down, in its worst days since the financial crisis in 2008 and 2009.

European shares have so far lost about $ 3 trillion of their value since the rapid spread of the Corona virus worldwide sparked a sale in February, as its outbreak seemed likely to derail economic activity around the world.

“The oil shock is exacerbating the impact of the Corona virus on the world economy,” said Andrea Cisioni, strategy director at TS Lombard in London.

He added: “In the short term, no matter who feels the pain of price shock, they will act immediately, reduce spending and reduce investment. As for the winners, they will move in a much larger scale.”

Norwegian shares exposed to crude oil prices tumbled 9.4 percent, on its worst day in more than 30 years, while the FTSE 100 index in London with commodities stocks lost 7.7 percent.

The shares of oil giants BP and Royal Dutch Shell lost about 20 percent, while the Norwegian shares of Norwegian Energy fell 39 percent.

Tallow Oil shares are topping the Stox 600, with a loss of nearly 32 percent.

All European sector indices fell sharply, with mining companies, the auto industry and banks, all sensitive to growth, falling by about 10 percent.

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