Brent gains as tension in Ukraine continues

Source: Bloomberg
© Scanpix/AP
The European benchmark Brent crude increased on Friday and was set to record its first weekly gain in May on speculation that geopolitical tension in Ukraine could disrupt Russian supplies to European countries. Brent for settlement in July advanced as much as $0.32 to $109.41 per barrel on the London's ICE Futures Europe exchange. 

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