Crude futures settle higher


NEW YORK, May 14 (Xinhua) -- Oil prices inched up on Thursday.

The West Texas Intermediate for June delivery increased by 15 cents, or 0.15 percent, to settle at 101.17 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery added 9 cents, or 0.09 percent, to settle at 105.72 dollars a barrel on the London ICE Futures Exchange.

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