WTI crude oil rose about 3 percent as a reported drawdown of stockpiles in the Cushing delivery point for US crude futures boosted optimism.
U.S. stock index futures indicated a flat to slightly lower open for Friday after inflation data and ahead of a speech by U.S. Federal Reserve Chair Janet Yellen.
U.S. stocks closed narrowly mixed as the Fed minutes mostly confirmed market expectations for a rate hike in the second half of the year.
U.S. government debt prices rose slightly on Wednesday, pushing yields lower ahead of the release of the minutes of April's Federal Reserve meeting.
European shares closed higher on Wednesday, but markets struggled to gain momentum amid worries about cash-strapped Greece.
In Japan, a better-than-expected gross domestic product (GDP) helped its stock market to outperform the region on Wednesday.
Gold struggled near its lowest in a week, holding steep overnight losses triggered by a stronger dollar and stock market, ahead of Fed minutes.
U.S. stock index futures indicated a softer open on Thursday, ahead of existing home sales.
The U.S. dollar weakened against the euro on Thursday for the first time this week.
Oil prices rebounded on Wednesday to settle 1.71 percent higher at $58.98 per barrel with U.S. crude snapping a five-day decline.
U.S. stocks closed mixed on Tuesday as investors eyed renewed gains in yields and the dollar ahead of the Federal Reserve meeting minutes
European equities finished sharply higher, with investors reacting to corporate earnings and focusing on comments by a member of the ECB.
The dollar stepped backbut held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
Equities in Shanghai and Tokyo were the star performers in Asia on Tuesday.
U.S. stock index futures indicated a flat to higher open for Wall Street shares Wednesday ahead of the release of Fed minutes.
Crude settled down 3.65 percent at $57.26 a barrel as high supplies meant that markets remain oversupplied.
Gold rose after Federal Reserve minutes showed policy makers believed it would be premature to raise interest rates in June.
U.S. stocks closed higher, with the Dow and S&P setting records, as investors shook off concerns about Greek debt and a renewed rise in bond yields.
U.S. government debt prices slipped on Monday after the release of housing market data.
European shares closed higher on Monday after trading in and out of the red during the trading session, amid growing concerns about the future of cash-strapped Greece.
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Japan's economy is barely growing, its population is falling and wages are stagnant, but investors see big opportunities in its property market.
Don't expect Greek banks to reopen before around July 20, said Athens Chamber of Commerce and Industry's Constantine Michalos.
Greek's ag sector was already facing a challenging 2015, but now there's fear the uncertainty could disrupt the food and wine trade.