Oil surges over 2% after U.S. inventory data, Russia OPEC comments

NEW YORK (Reuters) - Oil prices climbed more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced. Brent crude futures gained $1.34, or 2.2%, at $62.25 a barrel by 1:24 p.m. EST (1824 GMT), while West Texas Intermediate crude futures rose $1.61, or 2.9%, to $56.82 a barrel.U.S. crude oil stocks grew by 1.4 million barrels last week, the Energy Information..