The price of oil rose Wednesday as Ukraine took action against pro-Russian separatists in its east but slower Chinese growth tempered gains. Benchmark U.S. crude for May delivery was up 16 cents at $103.91 a barrel at 0835 GMT in electronic trading on the New York Mercantile Exchange. It closed Tuesday at $103.75, down 30 cents. Brent crude, used to set prices for international varieties of crude, was up 3 cents at $109.39 a barrel. Market concerns over Ukraine, which sent tanks and troops to reclaim government buildings occupied by pro-Russian gunmen in its eastern region, were offset by slower growth in China. A slump in China’s growth could reduce demand for crude. Officials from the U.S., Russia, Ukraine and the European Union are set to meet in Geneva on Thursday for negotiations aimed at persuading Russia to back off in Ukraine following its annexation of Crimea. Failing that, […]