U.S. crude settles lower as Cyprus problems spark demand worries
NEW YORK, March 21 (Reuters) - U.S. crude futures fell on Thursday as Cyprus struggled to raise enough money to qualify for a bailout and avoid a banking collapse, reviving worries about the outlook for petroleum demand in Europe and countering any support from more positive economic data from the United States.
U.S. May crude fell $1.05, or 1.12 percent, to settle at $92.45 a barrel, having traded from $91.84 to $93.53.
(Reporting by Robert Gibbons; Editing by Gerald E. McCormick)
NEW YORK, March 21- U.S. crude futures fell on Thursday as Cyprus struggled to raise enough money to qualify for a bailout and avoid a banking collapse, reviving worries about the outlook for petroleum demand in Europe and countering any support from more positive economic data from the United States.