Oil prices retreated from a five-month high as traders took profits, even as concerns persisted over possible supply disruptions linked to geopolitical tensions in the Middle East and Ukraine.

Brent crude futures dropped $1.34, or 1.22%, to $108.52 a barrel. On Friday the benchmark had settled at its highest level since May 19.

US West Texas Intermediate crude was trading at $101.28 a barrel, down 13 cents or 0.13%, after closing on Friday at its highest level since September 17.