Crude futures settle lower

Oil prices fell on Monday.

The West Texas Intermediate (WTI) for November delivery dropped 2.27 U.S. dollars, or 3.45 percent, to settle at 63.45 dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery lost 2.16 dollars, or 3.08 percent, to settle at 67.97 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle lower

Oil prices rose on Wednesday.

The West Texas Intermediate for February delivery increased by 87 cents, or 1.42 percent, to settle at 62.02 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 1.05 dollars, or 1.6 percent, to settle at 66.52 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle higher