Video PlayerClose

NEW YORK, April 19 (Xinhua) -- Oil prices extended lossesWednesday as official data showed the first weekly climb in U.S.gasoline supplies in two months.

U.S. gasoline stockpiles rose by 1.5 million barrels last week,defying market consensus of a 2-million decline, according to theweekly report released by the Energy Information Administration(EIA) Wednesday.

U.S. crude inventories, however, fell by 1.0 million barrelslast week to 532.3 million barrels, said the EIA.

Moreover, oil prices were under pressure as a stronger U.S.dollar dented investor sentiment, which made the dollar-denominatedoil less attractive for holders of other currencies.

The dollar index, which tracks the greenback against six majorpeers, was up 0.23 percent at 99.731 in late trading onWednesday.

The West Texas Intermediate for May delivery decreased 1.97 U.S.dollars to settle at 50.44 dollars a barrel on the New YorkMercantile Exchange, while Brent crude for June delivery lost 1.96dollars to close at 52.93 dollars a barrel on the London ICEFutures Exchange. Enditem