New York—Crude oil futures settled higher Friday, supported by ongoing geopolitical strife in Ukraine and concerns over the potential delay to production of Libyan oil. NYMEX June crude settled 52 cents higher at $102.02/barrel; ICE July Brent settled 66 cents higher at $109.75/b. The frontmonth Brent-WTI spread settled at $8.17/b, down from $8.94/b on Thursday. In products, NYMEX June ULSD settled at $2.9536/gal, up 30 points; NYMEX June RBOB ended 93 points higher at $2.9735/gal.
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