February 12, 2015 / 3:17 PM / 3 years ago

U.S. crude futures pare gains after Cushing build

NEW YORK, Feb 12 (Reuters) - U.S. crude oil futures pared gains on Thursday after oil services firm Genscape reported a large build in crude stockpiles at the Cushing, Oklahoma, delivery point, traders said.

U.S. crude futures fell nearly 1.6 percent, hovering over $50 a barrel, in the 15 minutes after the data was reported at 10:00am EST (1500 GMT). Cushing stocks rose 3.2 million barrels to 47.4 million barrels, Genscape reported. (Reporting By Catherine Ngai; Editing by Chizu Nomiyama)

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