Riding an extended streak of gains in equity markets, crude oil for May delivery climbed to nearly $87 per barrel Monday in New York.

After the Labor Department on Friday said that 162,000 jobs were added to the economy in March, U. S. futures pointed higher Monday. The Nikkei 225 index in Japan reached an 18-month high with its third consecutive close in the black.

New orders for non-manufacturing businesses rose for the third consecutive month in March, giving investors a shot of confidence and pushing 10-year Treasury note yields above 4 percent for the first time since October 2008, the Institute of Supply Management said.

On the New York Mercantile Exchange, light, sweet crude added $1.88 Monday to $86.75 per barrel. Heating oil futures for May added 0.0413 to $2.258 per gallon. Reformulated gasoline blend-stock gained 0.0236 cents to $2.3473 per gallon while natural gas prices rose 0.213 cents to $4.299 per million British thermal units.

According to the reports of AAA, at the pump, the national average price for a gallon of unleaded gasoline rose to $2.828 per gallon Monday, from Sunday's $2.826. (With Inputs from Agencies)