U.S. oil futures settled up 92 cents, or 2.85 percent at $33.22 per barrel Thursday, marking the first three-day win streak of 2016.
U.S. stocks closed higher, helped by a bounce in oil and some earnings beats, ahead of the release of the Fed statement Wednesday.
The Treasury Department auctioned $26 billion in 2-year notes at a high yield of 0.86 percent on Tuesday.
Gold futures whipsawed, hitting a new high of $1,124 after the Federal Reserve said it would not change interest rates at its January meeting.
U.S. stock index futures indicated a mixed open Thursday after December durable goods orders declined far more than expected.
European markets posted strong gains on Tuesday, on the back of a sharp rebound in oil prices and a rally in mining stocks.
Mainland equities sold off sharply in the final hour of trade on Tuesday, ending at a more than one-year low.
Oil surged on Wednesday as Russia said it was discussing the possibility of co-operating with OPEC to reduce oversupply.
Commodity-linked major currencies including the Australian and New Zealand dollars surged on Thursday as oil traded back above $33 a barrel.
U.S. stocks closed sharply lower, weighed by a renewed decline in oil, as investors awaited key inputs on the pace of economic growth.
U.S. sovereign bonds prices climbed on Monday, as investors remained cautious ahead of the U.S. Federal Reserve meeting and decision on Wednesday.
European markets finished in negative territory on Monday as a renewed slip in oil prices weighed on investor sentiment.
U.S. stock index futures pointed to a lower open on Wednesday as low oil prices and earnings reports weighed on stocks ahead of the expected release of the Fed meeting statement in the afternoon.
U.S. stocks closed higher, for their first positive week in four, helped by a recovery in oil from multiyear lows and hopes of stimulus overseas.
U.S. government debt prices were lower Friday as investors looked to key data this week and anticipated a meeting of the Fed next week.
Gold retreated from a 12-week high as equities and oil recovered from an earlier rout.
Asian markets advanced Monday, continuing to recover from the global rout that hammered stocks in the first few weeks of 2016.
The dollar hit a one-week low against the euro on Thursday after a plunge in U.S. durable goods orders.
Asian markets bounced Friday, tracking a rally in European and U.S. markets, getting a boost from an uptick in oil prices and comments from the ECB.
U.S. stock index futures pointed to a higher open on Tuesday, as oil tried to hold above $30 a barrel ahead of a major day of earnings.