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U.S. oil plunges 25%, Brent falls below $20 a barrel

U.S. oil plunges 25%, Brent falls below $20 a barrel

Brent crude fell below $20 a barrel and U.S. crude plunged 25% on Monday, driven lower by skittish investors fleeing the U.S. benchmark due to lack of available storage to deal with a coronavirus-induced collapse in demand.