Production

US crude settles below $13 as storage crunch continues

Brent crude fell below $20 a barrel and US crude plunged 25% on Monday as investors remained skittish

Oil price: Crude storage tanks are seen from above at the oil hub in Cushing, Oklahoma
Oil price: Crude storage tanks are seen from above at the oil hub in Cushing, OklahomaPhoto: REUTERS/SCANPIX
  • Reuters
Published 27 April 2020, 23:33Updated 27 April 2020, 23:33