West TX Oil above $100 on Ukraine tensions

U.S. crude futures firmed above $100 a barrel on Monday, supported by worries about escalating tensions in Ukraine and after prices snapped a fortnight of falls with a small rise last week.

U.S. crude for June delivery was up 16 cents at $100.15 a barrel by 0046 GMT after closing at $99.99 on Friday, 0.24 percent higher than the previous week.  Brent crude climbed 31 cents to $108.20 a barrel from $107.89 on Friday.

Pro-Russian organizers of a referendum on self-rule for eastern Ukraine said 89 percent of people had voted in favor of splitting from Ukraine in Sunday’s polls.


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