Oil extended gains Thursday to a fresh one-year high and towards the $100-a-barrel mark on concerns about growing demand and waning supplies, while bets on another US interest rate hike kept the dollar elevated against its peers and equities mixed.
News that troubled Chinese developer Evergrande had suspended trading in its Hong Kong-listed shares added to the uncertainty, following a tepid lead from Wall Street where speculation about more Federal Reserve policy tightening has winded investors.