Oil falls as Ukraine peace talks edge toward a solution

Oil prices slipped Monday, extending losses from last week, as Russia-Ukraine peace talks edged closer to a solution and the U.S. dollar strengthened.

Brent crude futures fell 14 cents, or 0.22%, to $62.42 per barrel at 0148 GMT. West Texas Intermediate was down 15 cents, or 0.26%, at $57.91 a barrel.