Oil on Second Day of Losses Ahead of Bernanke Speech: Report

Oil futures on Thursday extended losses into a second day, underpressure ahead of a highly awaited meeting of central bankers andafter Hurricane Isaac left the Gulf of Mexico's energy industryrelatively unscathed, MarketWatch reported.Oil for October delivery dropped 87 cents, or 0.9%, to $94.62 abarrel on the New York Mercantile Exchange.That added to Wednesday's decline, precipitated by a