Crude oil futures snap two days losing streak

Crude oil futures ended higher on Thursday snapping their two days losing streak as worries over the Ukraine situation outweighed the more-than-expected jump in US crude stockpiles last week. There were some positive news too that supported the prices, the Commerce Department reported that US orders for durable goods rose 2.6% in March, beating expectations for a 2% gain. Benchmark crude oil futures for June delivery gained $0.50 or 0.5 percent to close at $101.94 a barrel after trading in a range of $102.35 and $101.40 a barrel on the New York Mercantile Exchange. In London, Brent oil futures for June delivery gained 1.21 percent to $110.43 a barrel on the ICE.