Oil prices continue to go down amid Russia-Ukraine talks and China's lockdowns

• WTI futures dropped 8.2%, Brent fell 4.5%

• Ukraine Russia did not announce any new progress of diplomatic talk

Oil prices slid on Monday to the lowest in about two weeks as Ukraine and Russia held the fourth diplomatic talk.

Investors are hoping that the diplomatic efforts can progress toward an end to Russia's invasion of Ukraine, which can boost global supplies.