U.S. Oil price drops on weak economic data

2013-04-01 19:42:12 GMT2013-04-02 03:42:12(Beijing Time)  Xinhua English

NEW YORK, April 1 (Xinhua) U.S. oil price fell Monday as a report showed that American manufacturing expanded short of prediction given in March.

Light, sweet crude for May delivery lost 16 cents, or 0.16 percent, to settle at 97.07 dollars a barrel on the New York Mercantile Exchange.

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