Crude fell on Tuesday, on expectations that recent disruptions in exports from OPEC member Libya could be short-lived.
Gold settled lower as investors started to factor in expectations the Fed will maintain monetary stimulus.
The euro hovered close to a two-year high against the dollar on Friday.
Stocks were slightly higher Monday, with the S&P 500 pushing to a fresh high, but gains were limited as investors digested a batch of mixed earnings reports and ahead of the Federal Reserve's policy-setting meeting.
Asian stocks were dealt a blow on Friday as concerns over a repeat of June's credit crunch in China overshadowed gains on Wall Street.
The dollar edged higher on Monday but held close to a nine-month low against a basket of currencies.
Asian stocks rallied on Monday following record highs on Wall Street late last week and as attention turned to the region's corporate earnings season.
US debt prices rose with benchmark yields hovering near three-month lows, as investors shifted their focus to the Fed meeting.
The dollar inched up, but stayed near a nine-month trough as investors bet the Federal Reserve this week will set the course for its massive stimulus program to be maintained.
Asian stocks widened their pace of losses on Tuesday following a mixed batch of earnings and ahead of the Federal Reserve's policy-setting meeting.
European shares turned lower late in Friday's session, but strong growth data from the U.K. helped pare losses.
Gold rose on the view that sluggish data would persuade the Fed to keep its QE intact.
U.S. oil futures rose while European Brent crude dipped, as traders bet that increasing refinery operations and a major new Midwest pipeline would keep rising inventories in check.
Stocks recovered the previous day's losses to close higher Thursday, with the S&P 500 regaining its footing above 1,750, as Wall Street cheered a handful of upbeat earnings and encouraging economic data from China.
European shares closed higher on Thursday thanks to strong corporate results and encouraging data from China.
Brent crude futures edged up towards $108 a barrel on Thursday after positive economic data from China.
Stocks finished in positive territory Friday, with the Dow and S&P closing higher for the third-straight week, lifted by a group of encouraging earnings reports.
The euro was steady against the dollar on Thursday after disappointing euro zone data drew it away from a two-year high.
Asian equities were mixed on Thursday on the back of positive Chinese manufacturing data and liquidity fears in the mainland.
Treasury yields fell to the lowest in three months on Wednesday, after weaker than expected jobs data on Tuesday.
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