Oil prices rose on news Saudi Arabia cut its supply to the market in September and on strong economic data from Europe and China.
Russian prosecutors detain four more Moscow airport workers over a plane crash which killed the CEO of oil company Total.
Oil prices slipped on Wednesday after data showed a second consecutive weekly jump in U.S. crude oil stockpiles.
Total has confirmed that Patrick Pouyanne, head of refining up until now, will take over as chief executive, and Thierry Desmarest as chairman.
Oil prices closed slightly higher after an early rally aided by data showing stronger-than-expected China demand and some technical price recovery.
European shares traded sharply higher as buying was fueled by earnings and reports that the ECB would provide extra liquidity in the near future.
Tributes pour in for Christophe de Margerie after the chief executive of Total died in a business jet crash in Moscow.
The chief exec of Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport.
European shares closed sharply lower on Friday, as concerns over global growth and weaker economic data from Germany hit risk sentiment.
The OPEC basket of 12 crude oils slid to $94.31, the lowest level since July 2012 even as the U.S. confirmed 14 air strikes against ISIS.
Europe's Total, under pressure from shareholders to improve its cash flow and raise dividends, is looking to sell Blu-Tack maker Bostik.
Indonesia is growing protective of Natuna - a scattering of 157 mostly uninhabited islands - amid regional tensions in the South China Sea.
The downing of MH17 and tougher sanctions against Russia are pushing multinational energy companies to take a fresh look at the results of the crisis.
European shares closed lower on Wednesday, as investors reacted to fresh sanctions against Russia, big-name earnings and U.S. GDP.
Total stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine.
European stocks closed lower on Monday following weak industrial production data for Germany, which stoked fears of a slowdown in Europe's largest economy.
European shares closed flat on Wednesday, as investors awaited the Federal Reserve's policy decision.
Jonathan Waghorn of Guinness Global Energy Fund sees a clear path to $150-a-barrel levels for crude oil.
European shares closed slightly down flat on Friday amid concerns of escalating tensions in Iraq and rising oil prices.
The "Fast Money" traders share their final trades of the day.