Baker Hughes BKR, +0.56% on Thursday reported that the number of active U.S. rigs drilling for oil climbed by 13 to 337 this week. The data were released a day early because markets will be closed for Good Friday. The total active U.S. rig count, which includes those drilling for natural gas, was also up by 13 at 430, according to Baker Hughes. May West Texas Intermediate crude CLK21, +3.52% continued to climb as traders weighed a decision by major oil producers to gradually raise production from May through July. The contract was up $1.80, or 3%, to $60.96 a barrel on the New York Mercantile Exchange.
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