RTRS: U.S. crude futures briefly pare losses after EIAs
NEW YORK Aug 4 (Reuters) - U.S. crude oil futures briefly pared losses on Wednesday in choppy trading after a government oil inventory report showed crude stocks fell more than expected last week.
Tempering the bullish reaction, gasoline stocks rose, against a forecast for a draw, and distillate stocks rose more than expected, the report from the U.S. Energy Information Administration said.
On the New York Mercantile Exchange, September crude CLU0 fell 43 cents, or 0.52 percent, to $82.12 a barrel by 10:39 a.m. EDT (1439 GMT), trading from $81.62 to $82.85.
The intraday peak of $82.85 was the highest front-month crude price since $86.24 was struck on May 4. (Reporting by Robert Gibbons)
