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U.S. crude rises more than $1, Brent turns higher
April 5, 2012 / 3:02 PM / 5 years ago

U.S. crude rises more than $1, Brent turns higher

NEW YORK, April 5 (Reuters) - U.S. crude extended gains to more than $1 on Thursday and Brent turned higher as investors covered shorts ahead of the Easter holiday weekend after prices slumped in the previous two sessions.

U.S. crude was up $1.33 at $102.80 per barrel at 10:53 a.m. EDT (1453 GMT), having traded from $101.37 to $102.98. Brent crude was up 52 cents at $122.86 a barrel, having traded from $121.80 to $123.52. (Reporting by Robert Gibbons)

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