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U.S. crude rises more than $2, Brent $3 after data

Published 06/29/2011, 11:15 AM
Updated 06/29/2011, 11:24 AM

NEW YORK, June 29 (Reuters) - U.S. crude futures extended gains to more than $2 and moved above $95 a barrel on Wednesday as the market reacted to data showing crude and gasoline stockpiles fell sharply last week in the United States.

A power problem shutting units at a Houston-area refinery added lift. [ID:nWEN4876]

On the New York Mercantile Exchange, August crude rose $2.25 to $95.14 a barrel by 11:10 a.m. EDT (1510 GMT), trading from $92.66 to $95.29.

ICE Brent August crude rose $3.15 to $111.93 a barrel, trading from $108.10 to $112.10. (Reporting by Robert Gibbons; Editing by David Gregorio)

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