Asian Stocks Poised for Gains, Oil Swings Higher: Markets Wrap

Oil climbed at the start of trading, recouping part of its steepest one-day slide in four years as uncertainty over the outlook for crude supplies continues to rattle markets. Asian stocks were set to open higher, reflecting mixed risk sentiment driven by oil-market volatility and supply concerns.

Analysis

Oil climbed at the start of trading, recouping part of its steepest one-day slide in four years as uncertainty over the outlook for crude supplies continues to rattle markets. Asian stocks were set to open higher, reflecting mixed risk sentiment driven by oil-market volatility and supply concerns.