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Singapore (Reuters) -Oil prices ticked higher on Friday, as reassurances from OPEC+ members Saudi Arabia and Russia indicating readiness to pause or reverse output agreements, but markets were headed for their third straight weekly losses. Brent crude futures rose 2 cents to $79.89 per barrel and U.S. West Texas Intermediate crude futures rose 4 cents to $75.59 as at 0318 GMT. "Oil prices managed to regain some ground over the past few days, tapping on some reassurances from OPEC+ around their latest supply decision," said Yeap Jun Rong, market strategist at IG.

United statesSaudi arabiaJarand rystadChristopher cushingKatya golubkovaAlexander novakEuropean central bankRystad energyOrganization of the petroleum exporting countriesSaudi energyTexas intermediatePetroleum exporting countriesRussian deputy prime minister alexander novakSaudi energy minister prince abdulaziz