Brent crude traded near the highest price in seven weeks amid speculation that escalating tension over Ukraine may disrupt Europe’s energy supplies. West Texas Intermediate was steady in New York . Futures were little changed in London after rising 0.4 percent yesterday. Russia and the U.S. traded blame for failing to rein in extremists in Ukraine as a diplomatic accord, reached last week to ease the crisis, neared collapse. Crude stockpiles in the U.S., the world’s biggest oil consumer, probably increased for the 13th time in 14 weeks, a Bloomberg News survey shows before Energy Information Administration data tomorrow. “There’s some support for the market arising from the situation in Ukraine,” Ric Spooner, a chief strategist at CMC Markets in Sydney, said by phone today. “While that isn’t translating into significant buying, it’s likely to be preventing much active selling.” Brent for June settlement was at $109.75 a barrel […]