Crude futures settle higher


NEW YORK, March 12 (Xinhua) -- Oil prices dived on Thursday.

The West Texas Intermediate (WTI) for April delivery gained 8.48 dollars, or 9.72 percent, to settle at 95.73 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery increased by 8.48 dollars, or 9.22 percent, to settle at 100.46 dollars a barrel on the London ICE Futures Exchange.

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