Oil prices slide by about $4 per barrel, extending last week's decline

Oil prices extended last week's decline to fall by about $4 a barrel during early trade on Monday after a US official said Russia was showing signs of willingess to have negotiations over Ukraine

Oil prices extended last week's decline to fall by about $4 a barrel during early trade on Monday after a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine.
 

Brent crude futures was last down by $4.12 or 3.6% at $108.55 a barrel at 0115 GMT on Monday. U.S. West Texas Intermediate (WTI) crude futures eased $3.93 or 3.7% to $105.40 a barrel. Both contracts have surged since Russia's Feb. 24 invasion of Ukraine and are up roughly 40% for the year to date.
 

On Sunday, U.S. Deputy Secretary of State Wendy