Crude oil recovery drives Wall Street higher

By Abhiram Nandakumar(Reuters) – Wall Street was higher on Wednesday as a strong recovery in oil prices boosted energy shares.
Brent crude extended gains above $40 a barrel, after U.S. crude stockpiles rose in line with estimates last week and gasoline inventories fell more than expected.Crude oil has rallied in recent weeks, but industry watchers remained skeptical of a sustained recovery in prices as the markets are dealing with a massive oversupply.The rise in oil prices helped European