Oil prices inched further above $92 a barrel after a key pipeline transporting crude from Canada to the U.S. Midwest was shut down for repairs.

By early afternoon in Europe, benchmark crude for November delivery was up 36 cents to $92.46 a barrel in electronic trading on the New York Mercantile Exchange. The contract lost 2 cents to finish at $92.10 a barrel on the Nymex on Thursday.