LATEST NEWS... Oil costs recovered over 1% on Friday however were on track for their greatest week after week misfortune this year in the wake of swelling inventories and butterflies over a monetary stoppage prompted enormous falls before in the week. Brent unrefined prospects were at $68.65 per barrel at 0534 GMT, up 89 pennies, or 1.3%, from their last close, with costs supported by OPEC supply cuts and Middle East strains. U.S. West Texas Intermediate (WTI) unrefined fates were up 74 pennies, or 1.3%, at $58.65 per barrel. "Numerous supply dangers stay, as pressure proceeds among Iran and the U.S., which could turn problematic," ANZ bank said on Friday. The forward value bend for Brent rough prospects stays in backwardation, in which costs for brief conveyance are higher than those for later dispatch, inferring tight economic situations and making it beneficial to deliver and sell oil promptly as opposed to store it for later deal. "In spite of the huge decrea