Both benchmarks gained more than $2 a barrel on Thursday, but were on track to lose about 4% on the week.
The report could bolster the view that the U.S. Federal Reserve need not raise interest rates further.
The Fed held interest rates steady on Wednesday, while the Bank of England held rates at a 15-year peak.
The stable policies kept oil prices supported as some risk appetite returned to markets.
"The oil market will be watching for an escalation of tensions, particularly on the Lebanese border, as Hezbollah attacks increase," City Index Fiona Cincotta said.
Persons:
Jussi Rosendahl, Brent, Fiona Cincotta, Sayyed Hassan Nasrallah, Israel, Jeslyn Lerh, Mark Potter
Organizations:
REUTERS, U.S, West Texas, National Bureau, Statistics, U.S . Labor Department, U.S . Federal, Fed, Bank of, Palestinian, Thomson
Locations:
Porvoo, Finland, China, Bank of England, Gaza, Lebanese, Saudi Arabia, Singapore