U.S. West Texas Intermediate (WTI) crude dropped $1.10, or 1.17%, to $92.77 a barrel, after hovering near a session-high of $94.94, the loftiest since September 2014
Russia's top diplomat advised President Vladimir Putin on Monday to continue talks with the West on Russian security demands amid tensions over Ukraine. The statement by Foreign Minister Sergey Lavrov appeared to signal the Kremlin's intention to stay on a diplomatic path even though the US has warned that Moscow could invade Ukraine at any moment. Speaking at the start of a meeting with Putin, Lavrov suggested that Moscow should maintain a dialogue with the U.S. and its allies even though they have rejected Russia's main security demands. Moscow wants guarantees from the West that NATO won't allow Ukraine and other former Soviet countries to join as members, and that the alliance will halt weapons deployments to Ukraine and roll back its forces from Eastern Europe. Lavrov noted that even though the U.S. and its allies have flatly rejected those demands, Washington has offered to conduct dialogue on limits for missile deployments in Europe, restrictions on military drills and other
Brent crude was down 81 cents, or 0.9%, at $93.63 a barrel by 1259 GMT, off an ealier peak of $96.16, the highest since October 2014
The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday
European stocks fall 2.6%, Nikkei down 2.2% as US warns Russia could invade Ukraine at any time; Brent rises above $95 barrel before stalling
Brent crude futures was at $95.65 a barrel by 0742 GMT, up $1.21, or 1.3%, after earlier hitting a peak of $96.16, the highest since October 2014
The Nikkei share average lost 2.23% to close at 27,079.59, posting its biggest daily percentage drop since January 27 and touching below the 27,000 level for the first time since January 31
A total of 281 Korean nationals, including diplomatic staff, are staying in Ukraine as of Monday, and about 100 reportedly plan to leave the nation by Tuesday
Ukraine is not a NATO member but has a promise dating from 2008 that it will eventually be given the opportunity to join, a step that would bring the US-led alliance to Russia's border
The Japanese Embassy in Kiev on Sunday said that most of its staff will leave Ukraine as tensions have been rapidly mounting over a possible Russian invasion
The two leaders agreed on the "importance of continuing to pursue diplomacy and deterrence" over Russia's military move
German Chancellor Olaf Scholz, who heads to Kyiv on Monday and Moscow for talks with President Vladimir Putin on Tuesday, warned of sanctions if Moscow invaded Ukraine
Comments from the United States about an imminent attack by Russia on Ukraine have rattled global financial markets.
Israel was ramping up on Sunday its efforts to help Israelis leave the east European country
White House battles Putin by disclosing his next possible moves
The defense secretary warned that in case of escalation, NATO will build up its forces along the Russian borders and NATO allies will boost military spending.
Earlier on Saturday, the US State Department said that the US was relocating some of its diplomatic personnel from the Ukrainian capital, Kiev, to the city of Lviv amid security concerns.
Turkey recently has stepped up for acting as a mediator between Ukraine and Russia to sustain peace in the region.
Russia will soon submit its response to the United States and NATO on security guarantees.
The foreign minister added that Australia's ability to provide consular assistance to its citizens in Ukraine could become limited.