US oil rallies second day; WTI up 6.3%

US oil rallies second day; WTI up 6.3%
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Summary West Texas Intermediate (WTI) crude for October delivery jumped $2.66 to finish at $45.22 a barrel

NEW YORK (AFP) - US oil prices surged higher for a second straight day Friday, with the US benchmark contract gaining 6.3 percent.

West Texas Intermediate (WTI) crude for October delivery jumped $2.66 to finish at $45.22 a barrel on the New York Mercantile Exchange. On Thursday WTI prices rocketed 10.3 percent, rebounding from more than six year lows.