Rising oil prices, markets eyeing Western Russian diplomacy

Oil prices rose slightly on Monday, after fresh diplomatic efforts to resolve the Ukraine crisis gave markets relief from supply concerns.
Sharjah 24 – Archyde.com:

Oil prices rose slightly on Monday, after new diplomatic efforts to resolve the Ukraine crisis brought relief to markets over supply concerns, which kept oil prices close to $100 a barrel.

Brent crude futures rose 25 cents, or 0.3%, to $93.79 a barrel at 1000 GMT.

US West Texas Intermediate crude futures rose 35 cents, or 0.4%, to $91.42 a barrel.

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