Crude futures settle higher


NEW YORK, March 5 (Xinhua) -- Oil prices dived on Thursday.

The West Texas Intermediate (WTI) for April delivery increased by 6.35 dollars, or 8.51 percent, to settle at 81.01 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery gained 4.01 dollars, or 4.93 percent, to settle at 85.41 dollars a barrel on the London ICE Futures Exchange.

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