An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States.
Tayfun Cosku | Anadolu Agency | Getty Images
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 around $84.92 at 8 a.m. London time.
This is a breaking news story and will be updated shortly.
Read More: Brent crude slides below $85 a barrel as dollar surges