i may be in the wrong forum but its worth a try
i have a 92 integra oem paint and i have a few scratches and (starting) little spot oxidize..will rubbing compound take this out?

 

You should ask this question in the detailing thread, you will get more responses from people who have experience in this.

Lucky for you I am a professional detailer who also happens to have an integra.

Rubbing compound is a general description of products that remove painted material, (Paint and/or clearcoat). I believe that the 92 integra has base/clear paint, meaning that there is a clear coat on top of a base color. If you have oxidation this could be the clear coat beginning to break down from improper maintenance, or it could be clear coat failure.
To answer your question, yes compounding would be the solution to your problem. However polishing paint takes a certain degree of experience, and if you jump straight into it you can damage your paint and make the problem worse.

If you are planning on doing this by hand check out a thread made by user name Nofx in the detailing section titled "Hand detailing tips"

If you plan to use a machine such as a dual-action polisher, (slower but safer for beginners) or a rotary polisher (faster but requires experience and practice) start out with the least aggressive pad/polish combo, if that doesn't work step up your aggressiveness and so forth.

A great product that is quite easy to use is called Klasse AIO, it can be used by hand or by machine to correct oxidation, and in my experience works quite well on soft honda paint.

 

thanks