Oil prices drop as U.S. dollar jumps


NEW YORK, Sept. 1 (Xinhua) -- Oil prices fell on Thursday amid strength in the U.S. dollar.

The West Texas Intermediate for October delivery lost 2.94 U.S. dollars, or 3.3 percent, to settle at 86.61 dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery decreased 3.28 dollars, or 3.4 percent, to close at 92.36 dollars a barrel on the London ICE Futures Exchange.

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