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US crude futures jump to $106 as fuel supplies down

Wed Mar 26, 2008 11:19pm IST
 
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NEW YORK, March 26 (Reuters) - U.S. crude oil futures extended gains to hit $106 Wednesday afternoon, lifted by government inventory data showing domestic fuel supplies fell more than expected last week.

On the New York Mercantile Exchange at 1:45 p.m. EDT (1745 GMT) crude for May delivery traded up $4.54, or 4.49 percent, at $105.76 a barrel, after moving from $101.43 to $106. (Reporting by Gene Ramos)

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