U.S. stock index futures indicated a higher open on Thursday as traders eyed oil and continued to digest the release of minutes from the Federal Reserve's last meeting.
Oil rose on Wednesday after more reports about a preliminary accord among some major oil producing nations to freeze production. In oil markets on Thursday, Brent crude traded at $35.26 a barrel, up 2.2 percent, while U.S. crude was at $31.40 a barrel, up 2.5 percent.
Dow futures briefly gained about 100 points, while S&P and Nasdaq futures also pointed to a higher open.
Weekly jobless claims came in at 262,000. The Philly Fed came in at minus 2.8 for February.
Leading indicators are due at 10:00 a.m.
The Fed minutes, released on Wednesday, signaled that its members see risks increasing. Most U.S. central bank officials were still looking to raise rates and even discussed whether a rate hike could be appropriate in January.
After a discussion, they said tighter financial conditions could be the equivalent of further increases.