Crude futures settle higher


NEW YORK, April 2 (Xinhua) -- Oil prices rose on Thursday.

The West Texas Intermediate for May delivery increased by 11.42 U.S. dollars, or 11.41 percent, to settle at 111.54 dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery went up 7.87 dollars, or 7.78 percent, to settle at 109.03 dollars a barrel on the London ICE Futures Exchange.

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