U.S. crude up over 4 percent on scramble to cover shorts
 

U.S. crude up over 4 percent on scramble to cover shorts
NEW YORK (Reuters) - The short-covering frenzy in global oil markets extended for a second straight day on Friday, pushing U.S. crude up as much as 5 percent in morning trade, getting extra support from a rally in gasoline futures, before both began consolidating.
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