MARKET WATCH: NYMEX oil price for May holds fairly steady awaiting rig count

Light, sweet crude oil prices for May delivery edged up 2¢ to stay above $38/bbl on Mar. 31 awaiting release of the weekly rig count on Apr. 1 from Baker Hughes Inc., and prices dropped in early Apr. 1 trading on news reports of Saudi comments about the proposed production freeze by some producers.

Source: News