Crude futures settled at $40.75 after dipping below the key $40 level as supply glut concerns offset a modest weekly stock build.
The dollar slipped briefly as markets digested minutes of the Federal Reserve's policy meeting, but the morning's gains quickly returned.
Gold prices inched higher after tapping a nearly six-year low on Wednesday as the market reacted to the minutes of a recent Fed meeting.
U.S. stock index futures indicated a flat to slightly higher open as traders eyed a host of speakers from the U.S. Federal Reserve.
Asian shares traded mixed on Wednesday, as investors remain cautious over the latest global geopolitical developments in the wake of Paris terror attacks.
U.S. stocks closed narrowly mixed Tuesday, as some encouraging earnings reports offset pressure from declines in oil prices and continued geopolitical concerns.
U.S. stock index futures pointed to a higher open ahead of the release of the minutes from the Fed's last meeting.
U.S. sovereign bonds fluctuated Tuesday amid inflation data, as investors maintained the view that the Fed will raise rates.
European equities soared by the close on Tuesday as markets got a confidence boost from fresh European data and corporate earnings.
Oil prices fell on Tuesday, erasing gains linked to security fears after the Paris attacks.
Gold prices fell more than 1 percent to the lowest price in nearly six years on Tuesday, pressured by expectations of a December rate hike.
The dollar climbed on Tuesday as a rise in U.S. inflation reinforced expectations that the Federal Reserve will raise interest rates next month.
Asian shares rebounded from the prior day's sell-off, as investors take heart from the rally on Wall Street.
U.S. stocks gained on a sharp jump in oil prices boosted by geopolitical concerns following weekend terror attacks in Paris.
U.S. sovereign bond yields were broadly lower following the terror attacks in Paris over the weekend.
European equities ended mixed Monday as investors digested the potential impact of a series of terrorist attacks in Paris on Friday night.
The dollar rose sharply, as markets were unshaken by the weekend attacks in Paris.
Gold pared gains on Monday, after an initial flow of safe-haven buying following the attacks in Paris slowed and investors' focus returned to the Fed.
U.S. oil ended higher despite worries about the economic impact of Friday's deadly attacks in Paris.
U.S. stock index futures pointed to a higher open on Tuesday, as investors digested inflation data and some key earnings.
Get the best of CNBC in your inbox
Japan's industrial output rose in October and retail sales grew much faster than expected - a sign of the recovery from a recession.
The most populous country in the Middle East is still working toward recovery.
The ECB looks set to inject fresh stimulus into the eurozone's economy on Thursday. The FT reports on the five changes the central bank could make.