Crude futures settle higher


NEW YORK, Aug. 7 (Xinhua) -- Oil prices climbed on Friday.

The West Texas Intermediate for September delivery added 89 cents, or 1.15 percent, to settle at 78.18 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for October delivery increased by 1.06 dollars, or 1.29 percent, to settle at 83.55 dollars a barrel on the London ICE Futures Exchange.

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