WTI crude futures settle lower

The West Texas Intermediate for September delivery shed 4.73 U.S. dollars to settle at 93.89 dollars a barrel on the New York Mercantile Exchange.

NEW YORK, Aug. 1 (Xinhua) — U.S. oil prices dropped on Monday.

The West Texas Intermediate (WTI) for September delivery shed 4.73 U.S. dollars to settle at 93.89 dollars a barrel on the New York Mercantile Exchange. Enditem