BANGKOK (AP) — The price of oil rose past $87 a barrel Thursday in Asia, staging a modest comeback following a sharp sell-off the day before.

Benchmark oil for May delivery was up 72 cents to $87.40 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract dropped $2.04, or 2.3 percent, to close at $86.68 in New York on Wednesday — the fourth daily drop of at least 2 percent in April.