The fall came as a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine.
Highlights
- Oil prices fell on Sunday at the start of the session, extending last week’s decline.
- Prices fell last week as traders assessed potential improvements to the supply outlook that has been disrupted by the Ukraine crisis.
- Russia is showing signs it might be willing to have substantive negotiations over Ukraine, U.S.
- official says.
- Russia-Ukraine talks are not taking place right now but will continue on Monday, Kremlin spokesperson Dmitry Peskov was quoted as saying on Sunday by the RIA news agency.
- Russia’s invasion of Ukraine in late February, which Moscow calls a “special operation,” has roiled energy markets globally.