NEW YORK, Dec. 12 (Xinhua) -- Oil prices declined on Friday.
The West Texas Intermediate for January delivery lost 16 cents, or 0.28 percent, to settle at 57.44 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery decreased by 16 cents, or 0.26 percent, to settle at 61.12 dollars a barrel on the London ICE Futures Exchange.
