April 11, 2012 / 2:53 PM / 5 years ago

Crude up $1, Brent pares loss after data

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Gas prices are shown at a gas station in Beverly Hills, California May 20, 2008.Lucy Nicholson

NEW YORK (Reuters) - Crude futures extended gains to more than $1 and Brent crude pared losses on Wednesday after government data showed crude stocks rose last week in the country but far less than the rise shown in industry data released the previous day.

Crude rose $1.10 to $102.12 per barrel at 10:38 a.m. EDT (1438 GMT), having traded from $100.84 to $102.30. Brent crude was down 28 cents at $119.60 a barrel, having traded from $119.05 to $120.40.

Reporting by Robert Gibbons

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