London — Crude oil fell sharply on Monday, with US crude briefly dropping below $20 and Brent hitting its lowest level in 18 years, on the heightened fear that the global coronavirus shutdown could last months and demand for fuel could evaporate further.

Brent crude, the international benchmark for oil prices, was down $1.93, or %7.7, at $23 by 8.20am GMT, after earlier dropping to $22.76, the lowest since November 2002...

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