NEW YORK, May 12 (Reuters) - Brent and U.S. crude oil futures prices pared losses on Thursday in choppy trading after a report showed initial jobless claims fell last week in the United States.
Separate reports showed U.S. April retail sales rose, though the gain was small excluding gasoline sales, and U.S. producer prices rose for the second consecutive month. [ID:nLLACGE7FW] [ID:nCLACGE7EI] [ID:nN12297065]
ICE Brent June crude
On the New York Mercantile Exchange, June crude
Ahead of the reports Brent crude was down $1.99 and U.S. futures were down about $2.35. (Reporting by Robert Gibbons; Editing by John Picinich)