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US crude oil drops below $15 a barrel amid coronavirus uncertainty

Xinhua | Updated: 2020-04-20 10:26

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US, November 22, 2019. [Photo/Agencies]

TOKYO -- US crude oil plunged nearly 20 percent to below $15 per barrel on Monday, hitting the lowest level in more than a decade as the COVID-19 pandemic cast a shadow over the global market.

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