NEW YORK, July 14 (Reuters) - U.S. crude futures extended losses to more than $1 on Thursday, reacting to Federal Reserve Chairman Ben Bernanke saying he was not ready to take more monetary easing action yet, noting inflation had picked up since late 2010.
The euro pared its gains versus the dollar and U.S. equities also pared gains on the remarks viewed as indicating another round of Fed stimulus may be less likely.
On the New York Mercantile Exchange, August crude