Crude futures settle lower


NEW YORK, May 1 (Xinhua) -- Oil prices fell on Friday.

The West Texas Intermediate for June delivery decreased by 3.13 U.S. dollars, or 2.98 percent, to settle at 101.94 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery lost 2.23 dollars, or 2.02 percent, to settle at 108.17 dollars a barrel on the London ICE Futures Exchange.

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