Crude futures settle higher

NEW YORK, July 1 (Xinhua) -- Oil prices advanced on Monday.

The West Texas Intermediate for August delivery added 1.84 U.S. dollars, or 2.26 percent, to settle at 83.38 dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery went up 1.60 dollars, or 1.88 percent, to settle at 86.6 dollars a barrel on the London ICE Futures Exchange.