Brent crude futures extend rise to $2 after EIAs
U.S. crude stocks fell 15,000 barrels in the week to May 13, according to a report from the U.S. Energy Information Administration, against a forecast for supplies to be up 1.0 million barrels. Stocks at the key Cushing, Oklahoma, oil hub saw a bigger decline.
ICE Brent July crude rose $1.69 to $111.68 a barrel by 10:57 a.m. EDT (1457 GMT), trading as high as $112.06 after the data, having bounced earlier off its intraday low of$110.42.
(Reporting by Robert Gibbons)