West Texas Intermediate crude oil for May CLK6, -0.52% tacked on 2 cents to settle at $38.34 a barrel on the New York Mercantile Exchange. Prices, based on the most-active contracts, were about 13.5% higher for the month, according to FactSet data. That was the largest monthly climb since April 2015. Prices were up about 3.5% for the first quarter of the year.
On its expiration day, May Brent LCOK6, +0.79% added 34 cents, or 0.9%, to $39.60 a barrel on London’s ICE Futures exchange. Prices were roughly 8% higher for the quarter, based on the most-active contracts.
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