Oil prices rose on Friday, finding support from brighter economic data and a global stock market rally after the European Central Bank signaled more stimulus measures. Benchmark Brent crude oil was up 25 cents at $48.33 a barrel by 4.10 a.m. ET after settling up 23 cents in the previous session. U.S. crude for December was 10 cents higher at $45.48 a barrel, having risen 18 cents on Thursday. The gains followed a statement by ECB president Mario Draghi on Thursday that new euro zone initiatives could be unveiled as soon as December.