Crude Futures Settle Higher

NEW YORK, Jan 13 (Bernama-Xinhua) -- Oil prices rose on Monday, reported Xinhua.

The West Texas Intermediate (WTI) for February delivery increased by US$0.38, or 0.64 per cent, to settle at US$59.50 a barrel on the New York Mercantile Exchange.

Brent crude for March delivery added US$0.53, or 0.84 per cent, to settle at US$63.87 a barrel on the London ICE Futures Exchange. 

--BERNAMA-XINHUA