Brent gains as Ukraine tension escalates

Source: Bloomberg
© Scanpix/RS
The European benchmark Brent crude jumped on Friday session paring its weekly fall as the geopolitical tension between the Russian Federation and Ukraine is escalating and as Libya is set to resume crude exports from Zueitina oil field. Brent for delivery in June climbed as much as 41 cents to $108.17 per barrel on the London's ICE Futures Europe exchange.

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