http://ift.tt/eA8V8J Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. A reduction in rig counts and expectations for better oil demand have helped Brent prices rise by more than 14 percent so far this month from January's close of $52.99. Brent crude (LCOc1) rose 68 cents to $60.73 a barrel by 2058 ET. Elsewhere in Europe, gas supply talks between the European Union, Ukraine and Russia will be held in Brussels on Monday after President Vladimir Putin warned that Russia would halt gas supplies to Ukraine if it did not receive advance payment, raising the possibility of disrupted deliveries to Europe.
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