Thu, 01 May 2014 05:26:04 GMT
Brent falls as Putin cautions against further sanctions
The European benchmark Brent crude slipped on Wednesday after the Russian Federation President Vladimir Putin cautioned against more sanctions on the country over Ukraine and as crude stockpiles in the U.S. expanded to the highest level in 83 years. Brent for delivery in June slid 77 cents to $108.21 on the London's ICE Futures Europe exchange.