Crude futures settle lower


NEW YORK, Aug. 28 (Xinhua) -- Oil prices dipped on Friday.

The West Texas Intermediate for October delivery lost 13 cents, or 0.16 percent, to settle at 83.40 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for October delivery decreased by 39 cents, or 0.43 percent, to settle at 89.31 dollars a barrel on the London ICE Futures Exchange.

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