WTI Crude Rises to One-Month High as U.S. Adds More Jobs

West Texas Intermediate crude rallied to its highest intraday price in a month after the U.S. gained more jobs than forecast, adding to signs of recovery in the world’s largest oil consumer.

WTI climbed as much as 1.8 percent, a second daily advance that extends this week’s increase. Payrolls expanded by 165,000 workers last month following a revised 138,000 increase in March that was larger than first estimated, Labor Department figures showed today in Washington. The median forecast of 90 economists surveyed by Bloomberg projected a 140,000 gain.