West Texas above $104 as Ukraine Tensions Support

U.S. crude oil futures steadied above $104 a barrel on Tuesday, with investors keeping a close eye on Ukraine where a deal to peacefully resolve tensions with Russia appeared to be faltering.

U.S. crude for May delivery was down 11 cents at $104.26 a barrel by 0032 GMT after ending nearly flat on Monday.  Brent oil also slipped 11 cents to $109.84 per barrel, not too far below a six-week high of $110.36 reached last week.

U.S. and European officials say they will hold Russia responsible and impose new economic sanctions if pro-Moscow separatists do not clear out of government buildings they have occupied across eastern Ukraine over the past two weeks.

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