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MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, after U.S. stocks posted their third straight session of gains. Australian shares jumped 1.3 percent in a shortened holiday session. But China's blue-chip CSI300 index and the Shanghai Composite Index were both more than 1 percent lower after regulators tightened rules for insurers investing in listed firms. U.S. crude futures added 0.7 percent at $37.77 a barrel while Brent crude futures surged 1 percent to $37.74. Both had added more than a dollar a barrel on Wednesday in thin trading, a day after Brent had this page touched its lowest level since July 2004. "A sharp decline in weekly crude oil inventories also helped reinforce yesterday's rebound but the rally also needs to be set into the context of thinning pre-holiday volumes as traders look at making a start on various end of year book keeping and position adjustments as markets wind down for the long Christmas break," Michael Hewson, chief analyst at CMC Markets in London, said in a note to clients. "It is these sorts of end of year adjustments that helps explain to some extent why the biggest risers over the past couple of days have come from the sectors that have seen more info some of the biggest losses year to Martin Shkreli Was Bad at Investing and Worse at Stealing Money to Cover it Up, Say Authorities date." Japan's Nikkei erased early gains and slipped 0.5 percent as the yen Michael Zimmerman edged higher in thin trade.

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