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by Stockwatch Business Reporter

West Texas Intermediate crude for May delivery added $1.55 to $42.63 on the New York Merc, while Brent for June added $1.77 to $45.80 (all figures in this para U.S.). Prices had fallen earlier in the day after oil workers in Kuwait ended their three-day strike "in appreciation of His Highness the Amir" Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, according to the state-run Kuwait News Agency (as reported by the Associated Press). A separate report from the agency said it may take about three days for Kuwait to return to its normal production rate of about three million barrels a day. This news was offset by U.S. government data showing that crude stockpiles rose by less than expected last week, as well as speculation that major oil producers will meet in Russia next month for another attempt at a production-freezing agreement. Western Canadian Select traded at a discount of $13.90 to WTI ($28.73), down from a discount of $13.75. Natural gas for May lost 1.9 cents to $2.069. The TSX energy index added a fraction to close at 184.02.

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