Diesel futures advanced for the first time in three days as rising tensions between Russia and Ukraine inflated crude and gasoil prices. Diesel gained as much as 0.8 percent. President Vladimir Putin warned Ukraine against continuing its offensive against pro-Russian separatists after troops killed five rebels in the city of Slovyansk. “Ukraine rhetoric is heating up and we’re seeing the price of oil and gasoil going up,” said Phil Flynn , senior market analyst at Price Futures Group in Chicago . Ultra low sulfur diesel for May delivery rose 1.64 cents, or 0.6 percent, to $2.9973 a gallon at 10:48 a.m. on the New York Mercantile Exchange . Volume was 9.5 percent below the 100-day average. West Texas Intermediate crude for June delivery on the Nymex gained 45 cents to $101.89 a barrel. Brent for June settlement increased 70 cents to $109.81 a barrel on the London-based ICE Futures […]