Crude futures extend losses after surprise EIA build
20/06/2012 at 15:45
NEW YORK, June 20 Reuters - U.S. and Brent crude futures extended losses on Wednesday after U.S. government data showed a surprise increase of 2.86 million barrels in domestic crude stockpiles last week, against the forecast for a 1.1 million barrel drawdown in a Reuters poll.
NYMEX July crude , which is expiring at the close, fell to a session low of $82.50, down $1.53, or 1.82 percent
In London, ICE August Brent crude dropped to a session low of $94.60, down $1.16, or 1.21 percent.
Reporting By Gene Ramos; Editing by Alden Bentley
gene.ramos@thomsonreuters.com646-223-6054Reuters Messaging: gene.ramos.reuters.com@reuters.net
Keywords: MARKETS ENERGY CRUDE