Officials at the hurricane center said it was about 815 miles east-southeast of Bermuda and moving slowly west, but was expected to turn northwest soon.
The Atlantic hurricane season runs from June 1 to November 30 each year, while the Eastern Pacific hurricane season runs from May 15 to November 30, the center said. Oscar is moving to the west at 16 miles per hour.
Hurricane Oscar has gained a little strength, but forecasters say the storm is curving away from land over the Atlantic Ocean. Additional strengthening is forecast during the next several days, and Oscar is expected to make a transition to a tropical storm on Sunday.
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The National Hurricane Center's 8 a.m. Friday advisory said the system has changed little in organization since Thursday night.
It had 75 mph maximum sustained winds that extended outward only 15 miles. The Atlantic hurricane season ends on November 30, but it usually peaks on September 10-11.
At press time, the National Hurricane Center forecast for the storm system put the likelihood of it developing into a tropical cyclone during the next 48 hours at 90 percent.