Oil prices rose Friday ahead of a long U.S. holiday weekend amid a bullish fundamental picture and nervousness ahead of national elections in Ukraine. Light, sweet crude for July delivery gained steadily throughout the day and at one point was poised to settle at a nearly 12-week high, before falling back to end 61 cents, or 0.6%, higher at $104.35 a barrel on the New York Mercantile Exchange. Brent crude for July, the global benchmark, ended up 18 cents, or 0.2%, at $110.54 a barrel on the ICE Futures Europe exchange. Gasoline futures extended gains to settle at a near one-month high ahead of the start of summer driving season beginning this Memorial Day weekend, with reformulated gasoline blendstock, or RBOB, for June delivery rising 1.77 cents, or 0.6%, to $3.0235 a gallon on the Nymex. Brokers said there was nothing specific in the market that drove trading Friday […]