Crude oil futures trimmed steep recent losses to end with modest gains on Friday, though another rise in the U.S. rig count prevented a sustained rally. Oilfield services firm Baker Hughes reported the U.S. drillers added 11 oil rigs this week, the biggest increase in three weeks. The rig count has risen 23 weeks in a row, the longest streak on record. Meanwhile, a monitoring committee made up of OPEC members and producers outside the group on Thursday said compliance to the deal reached 106% in May, the highest since the deal was first clinched late last year.

Benchmark crude oil futures for July delivery ended up by $0.27 or 0.63 percent to $43.01 on the New York Mercantile Exchange. In London, Brent crude for July delivery ended up by 0.70 percent to $45.54 on the ICE.

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