Benchmark Brent oil rose by $2.5 or 3.4 percent on Friday to $75.55 a barrel.
Oil fell on Wednesday as investors took profit on a rally the previous day to this year’s highs.
Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on markets.
Brent crude futures, the global benchmark, had declined 46 cents, or 0.7 percent, to $69 a barrel.
Brent crude futures held above $70 per barrel, but were down by 19 cents from their last close at $70.34 a barrel at 0749 GMT.
Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day.
Brent crude futures, the international benchmark for oil prices, were up 12 cents, or 0.2 percent, at $55.91 a barrel.