Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
Brent futures for November settlement were trading down over 1% around $84.92 at 8 a.m. London time. West Texas Intermediate futures also fell to trade around $77.93.
On Friday, both Brent and WTI fell around 5% to hit their lowest level since January.
This is a breaking news story and will be updated shortly.