U.S. oil prices climbed Friday as traders were encouraged by job growth in March that could boost demand for petroleum products, even though the data slightly missed expectations. Light, sweet crude for May delivery rose 85 cents, or 0.8%, to $101.14 a barrel on the New York Mercantile Exchange. Brent crude on ICE Futures Europe rose 57 cents, or 0.5%, to $106.72 a barrel. The Labor Department said the U.S. added a seasonally adjusted 192,000 jobs in March, less than the gain of 200,000 projected by economists polled by The Wall Street Journal. Still, higher employment could indicate increased demand for petroleum products in the U.S., which is the top oil-consuming nation. “Demand is going to get bigger and better,” said Carl Larry, president of research and consulting group Oil Outlooks & Opinions. “The more jobs that are created, the more demand will increase for oil.” Meanwhile, some […]