Oil prices rise after eastern Ukraine independence vote

SINGAPORE: Oil prices rose in Asia Monday after pro-Russian rebels in eastern Ukraine claimed a majority of voters in a disputed referendum chose independence, raising fears of a civil war that could disrupt supply.

New York´s main contract, West Texas Intermediate (WTI) was up nine cents to $100.08 for June delivery in mid-morning Asian trading, while Brent North Sea crude for June gained 32 cents to $108.21 per barrel.