Oil prices fall, continuing downward trend from last week

Brent crude LCOc1 futures fell 43 cents to US$112.24 a barrel by 6:11 p.m. ET (2211 GMT). WTI crude CLc1 futures fell 87 cents to $108.46 a barrel.

NEW YORK: Oil prices fell on Sunday at the start of the session, extending last week's decline, as a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine.

Brent crude LCOc1 futures fell $1.82, or 1.6%, to $110.85 a barrel by 6:47 p.m. ET (2247 GMT). WTI crude CLc1 futures fell $2.41, or 2.2%, to $106.92 a barrel.