Brent, U.S. crude extend losses as EIA data shows inventories up

Reuters7 November 2012

NEW YORK, Nov 7 (Reuters) - Brent and U.S. crude futures

extended losses on Wednesday after the U.S. Energy Information

Administration's weekly report showed crude oil, gasoline and

distillate inventories rose last week in the United States.

Brent December crude was down $2.45 at $108.62 a

barrel at 10:38 a.m. EST (1538 GMT), having traded from $108.51

to $111.64.

U.S. December crude was down $3.00 at $85.71 a

barrel, having traded from $85.58 to $88.80. Later, it fell as

far as $85.31.

(Reporting by Robert Gibbons; Editing by Gerald E. McCormick)

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