Crude futures settle lower


NEW YORK, Feb. 2 (Xinhua) -- Oil prices fell on Monday.

The West Texas Intermediate for March delivery dropped 3.07 U.S. dollars, or 4.71 percent, to settle at 62.14 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery decreased by 3.02 dollars, or 4.36 percent, to settle at 66.3 dollars a barrel on the London ICE Futures Exchange.

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