Crude futures settle lower


NEW YORK, May 13 (Xinhua) -- Oil prices went down on Wednesday.

The West Texas Intermediate for June delivery dropped 1.16 U.S. dollars, or 1.14 percent, to settle at 101.02 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery lost 2.14 dollars, or 1.99 percent, to settle at 105.63 dollars a barrel on the London ICE Futures Exchange.

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