Oil prices march upward for second day

Oil   Oil
By Pamela Sampson on September 28, 2012

BANGKOK (AP) — Hopes that the global economy might see some improvement after Spain announced far-reaching steps to fix its ailing economy helped keep oil prices on the upswing for a second day.

Benchmark oil for November delivery was up 47 cents to $92.32 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $1.87 to finish at $91.85 per barrel on the Nymex on Thursday.

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