Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not come fast enough to fully offset the collapse in demand from the coronavirus pandemic. U.S. oil futures led losses, falling by more than $2 a barrel on fears that storage at Cushing, Oklahoma, could reach full capacity soon. U.S. West Texas Intermediate June futures fell $2.05, or 12.1%, to $14.89 a barrel by 0638 GMT, while Brent crude was down $1.08, or 5.0%, at $20.36 a barrel.
