WTI rises as tension in Ukraine eases

Source: Bloomberg
© Scanpix/AP
West Texas Intermediate oil advanced on Monday session and traded close to its strongest level in a three-week period amid speculation that the geopolitical tension in the Ukraine's Crimea eased over the last few days. WTI for settlement in May slipped as much as 36 cents to $101.31 per barrel on the NYMEX as of 12:39 p.m. in London.

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