NEW YORK, June 9 (Reuters) - U.S. crude futures extended gains to more than $1 on Thursday in choppy trading as investors reacted to mixed economic data a day after OPEC failed to raise production targets.
Disappointing U.S. jobless claims data were offset by better-than-expected trade deficit data and a bounce by the dollar after comments from the European Central Bank.
Brokers and analysts also noted that U.S. crude's stronger move up than Brent indicated some profit taking on the spread between the two contracts after Brent's premium to U.S. crude rose to a record above $18 a barrel this week.
On the New York Mercantile Exchange, July crude