Crude futures settle lower


NEW YORK, Dec. 15 (Xinhua) -- Oil prices fell on Monday.

The West Texas Intermediate for January delivery dropped 62 cents, or 1.08 percent, to settle at 56.82 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery decreased by 56 cents, or 0.92 percent, to settle at 60.56 dollars a barrel on the London ICE Futures Exchange.

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