Crude futures settle lower


NEW YORK, Dec. 9 (Xinhua) -- Oil prices fell on Tuesday.

The West Texas Intermediate for January delivery dropped 63 cents, or 1.07 percent, to settle at 58.25 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery decreased by 55 cents, or 0.88 percent, to 61.94 dollars a barrel on the London ICE Futures Exchange.

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