February 4, 2013 / 7:41 PM / 4 years ago

U.S. crude settles more than 1 percent lower

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NEW YORK, Feb 4 (Reuters) - U.S. crude futures fell more than 1 percent on Monday, as both equities on Wall Street and oil prices were hit by profit-taking in a correction after recent surges.

U.S. March crude fell $1.60, or 1.64 percent, to settle at $96.17 a barrel, having traded from $95.89 to $97.76. (Reporting by Robert Gibbons; Editing by Gerald E. McCormick)

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