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U.S. crude oil settles up 29 cents at $93.74/bbl

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Published: Monday, 18 Mar 2013 | 2:42 PM ET

March 18 (Reuters) - U.S. crude oil futures for April delivery rose by 29 cents a barrel on Monday to settle at $93.74, recovering from early losses sparked by concerns over the Cyprus bailout plan.

The front-month contract traded as low as $91.76 a barrel in early trade before rebounding on better-than-expected economic data in the United States. It traded as high as $93.93 a barrel during the session.

(Reporting By David Sheppard; Editing by Gerald E. McCormick)

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March 18- U.S. crude oil futures for April delivery rose by 29 cents a barrel on Monday to settle at $93.74, recovering from early losses sparked by concerns over the Cyprus bailout plan. The front-month contract traded as low as $91.76 a barrel in early trade before rebounding on better-than-expected economic data in the United States.

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