OIL benchmarks were headed for a seventh straight weekly decline on worries over a global supply surplus and weak Chinese demand, although prices recovered ground on Friday after Saudi Arabia and Russia called for more OPEC+ members to join output cuts.
Brent crude futures rose $1.54, or 2.1%, to $75.59 a barrel by 0704 GMT, while U.S. West Texas Intermediate crude futures gained $1.39, or 2%, to $70.73 a barrel.
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