On the New York Mercantile Exchange, light, sweet crude futures for delivery in June traded at $101.88 a barrel at 0524 GMT, up $0.38 in the Globex electronic session. July Brent crude on London’s ICE Futures exchange rose $0.16 to $109.25 a barrel. Brent crude extended gains after settling higher for four consecutive sessions. The global benchmark is on its longest winning streak since end-March. “The situation in the Ukraine continues to play a role in energy markets,” ANZ said in a report this morning. “Russian and European Union energy ministers are due to meet on May 19 to end a dispute over gas prices and avoid further disruptions of energy supplies from the East,” the bank said. Secretary of State John Kerry and his counterparts from Europe have threatened broader sanctions against Russia if Moscow interferes with the presidential vote in Ukraine on May 25. On Thursday, the […]