Crude futures settle higher


NEW YORK, Oct. 16 (Xinhua) -- Oil prices inched up on Friday.

The West Texas Intermediate for November delivery gained 3.44 U.S. dollars, or 3.51 percent, to settle at 101.41 dollars a barrel on the New York Mercantile Exchange. Brent crude for December delivery went up 3.94 dollars, or 3.72 percent, to settle at 109.86 dollars a barrel on the London ICE Futures Exchange.

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