Most Asian markets closed up on Thursday, following a mostly higher finish on Wall Street overnight amid an oil price surge.
"The global equity market has become a hostage of oil movement. The correlation is immensely in tandem," Naeem Aslam, an analyst at AVA Trade, said in a note Thursday. "The strong rally over in the U.S. has also helped Asian markets to secure some gains."
Australia's ASX 200 gained 103.64 points, or 2.13 percent, to 4,980.40, with the energy sector retracing losses from Wednesday's session to tack on 6.21 percent, while the material sector was up 6.23 percent on the back of higher commodity prices.
Chinese markets gained ground, with the Shanghai composite closing up 42.54 points, or 1.55 percent, at 2,781.79 while the smaller Shenzhen composite gained 33.86 points, or 1.95 percent, to 1,771.06.
Bucking the positive trend, the Nikkei 225 extended recent losses to close 146.26 points, or 0.85 percent, lower at 17,044.99.
Chris Weston, chief market strategist at spreadbetter IG, said in a morning note that the Nikkei's sell-off can likely be explained by the strength of the Japanese yen as a result of a fall in the dollar.