New York, Oct 11 (EFE).- The price of Texas intermediate oil (WTI) opened today with a drop of 1.22%, to 90.02 dollars a barrel, continuing the downward trend of yesterday, Monday, by new warnings of a possible recession.At 9:00 a.m. local time in New York (13:00 GMT), WTI futures contracts for delivery in November lost $1.11 from the previous close and left the dollar at the $90 barrier.The director of the International Monetary Fund (IMF), Kristalina Georgieva, warned yesterday that the risk of a global recession has risen and that the world has entered a time of "fragility and volatility.""We have calculated that about a third of the world economy would have at least two consecutive quarters of negative growth this year or next year," she noted.Some statements in line with those of the executive director of the JPMorgan Chase bank, Jamie Dimon, who yesterday considered it likely that the United States will fall into a recession by the middle of next year, within 6 to 9 months, although he specified that it is difficult to predict how deep that economic slowdown may be.Likewise, fears remain in the air that the US Federal Reserve's (Fed) policy of raising interest rates to reduce inflation will contribute to a recession.Also yesterday, the president of the Chicago Fed, Charles Evans, insisted that the US central bank will continue with its policy to stabilize prices, even if this results in damage to the labor market.The possibility of a recession translates for investors into the fear that oil consumption will be reduced, whose price shot up 16% last week, due to the decision of the OPEC+ alliance, led by Saudi Arabia and Russia, to reduce its pumping by 2 million barrels per day (mbd) as of November, which represents the largest cut in oil supply since May 2020. EFEAlpine glaciers could be gone by the end of the century.The consequences will be felt throughout Europe.� EFE 2022. The redistribution and redistribution of all or part of the contents of EFE services is expressly prohibited, without the prior and express consent of Agencia EFE SASWI swissinfo.ch - business unit of the Swiss radio and television company SRG SSRYour data is used to fill in some fields of the form.A confirmation email has been sent to your mailbox.Click on the link included in the email to activate your account.Enter your email address.You will receive a link to reset your password.An email to reset your password has been sent to your mailbox.Please click the link in the e-mail to reset your password.Your account is connected withPassword Change passwordJoin our discussions.You can find an overview of the ongoing discussions with our journalists here.Join the conversationThe Swiss electorate has approved raising the retirement age for women to 65.In your opinion, at what age is it convenient to retire?Join our discussions.You can find an overview of the ongoing discussions with our journalists here.Join the conversationThe Swiss electorate has approved raising the retirement age for women to 65.In your opinion, at what age is it convenient to retire?With our newsletters you will receive the most important news in your inbox.The SRG SSR Privacy Statement explains how personal data is collected and used.Select any of the newsletters below to "Subscribe" with your email address {0}