NYMEX Crude Hits New Record........U.S. crude for May delivery gained $2.37 to settle at $110.87 a barrel on the New York Mercantile Exchange.

Oil set a new intraday high of $112.21 earlier in the session. The previous intraday high of $111.80 was set March 17. The previous closing high of $110.33 was set March 13.