![Oil Market Outlook](/storage/article/37741/preview/jernLtWjv04KdNRB_2560x600_q70.jpg)
Oil prices rebounded slightly on Friday but are still expected to show losses for the week due to concerns about slowing growth in the US and China. US crude futures rose 2.7% to $70.41 per barrel, while the Brent contract increased by 2.5% to $74.33 per barrel.