Oil holds above US$121 on tension with Russia


SINGAPORE (AP) - Oil prices held above US$121 a barrel Friday in Asia after jumping more than US$5 overnight as investors mulled the likelihood that tension with Russia would further disrupt crude supplies to the West.

Light, sweet crude for October delivery was up 17 cents at US$121.35 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore.

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