US crude falls below US$15 a barrel, down about 20%

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SINGAPORE: US crude fell about 20 per cent to below US$15 a barrel on Monday (Apr 20), its lowest level in about two decades, as a coronavirus-triggered collapse in demand eclipsed a deal to cut output. West Texas Intermediate, the US benchmark, fell 18.7 per cent to US$14.84 a barrel. Brent …