Brent crude fell below $110 a barrel on Monday, as worries over Ukraine eased slightly after its presidential election.
Stocks rose modestly on Thursday, extending the prior day's rally.
Stocks rose Friday, with the S&P 500 on track for its first weekly advance in three, after a better-than-expected housing report.
Treasurys rose on Friday on uncertainty ahead of elections in Greece and Ukraine elections, which overshadowed stronger-than-expected housing data.
Asian stocks turned mixed on Monday following a record high on the S&P 500 on Friday and a victory for Petro Poroshenko in Ukraine's election.
European closed slightly up Friday afternoon, having wobbled throughout the day, with weak German business morale figures keeping a lid on any significant gains.
Crude steadied near multi-week highs, supported by a draw in U.S. crude stocks and signs of improvement in China's manufacturing growth.
Gold prices settled lower on Friday, logging a modest weekly loss, as the dollar firmed and investors squared positions before the weekend.
Brent crude was on track for a second weekly gain, supported by conflicts in Libya and Ukraine and positive economic data.
The euro fell to a three-month low against the dollar after a soft German business sentiment survey added pressure on the ECB.
Bonds eased after positive US econ data on existing home sales and factory activity lifted sentiment.
U.S. stock index futures pointed to a higher open on Friday, extending this week's gains as investors gear up for a long holiday weekend.
Asian equity markets rose on the final trading day of the week, but geopolitical risks in Thailand and Ukraine remained firmly in focus.
Stocks rose on Wednesday, as investors cheered the latest release from the Fed.
European shares closed slightly up on Thursday, after wavering throughout the day on mixed manufacturing and services data.
Gold ended around the crucial $1,300 level on Thursday as holdings in the top bullion-backed fund fell to a fresh 5 year low.
Robust expansion in Germany led the euro off lows, but growing expectations the ECB will ease monetary policy next week kept gains muted.
Gold settled lower as the dollar and equities gained after FOMC minutes showed the Fed discussed options for raising rates at its latest meeting.
Asian stocks ended mostly higher on Thursday on upbeat Chinese data and the Federal Reserve's reassurance that rates would not rise anytime soon.
Gold touched the psychologically important $1,300-an-ounce level as the dollar and equity markets slipped.
Get the best of CNBC in your inbox
China's trade appears likely to miss official targets, according to a report on a government website that was later revised.
Analysts are skeptical of how much of a growth boost will come from Japan's newly approved $29 billion stimulus spending.
Thailand's central bank said the country's economy will barely grow this year and cut 2015 forecasts, mainly on lackluster exports.