West Texas Intermediate futures as well as international benchmark Brent both gained more than 14% in the overnight session.
Asia markets were set to trade lower on Tuesday following overnight declines on Wall Street.
Oil remains in focus after prices surged in the previous session. West Texas Intermediate futures gained more than 14%, notching its biggest one-day gain since 2008.The sharp moves followed after a series of drone attacks hit the world's largest oil processing facility in Saudi Arabia over the weekend, forcing the Kingdom to cut its oil output in half.futures in Chicago, Osaka and Singapore pointed to early declines for the Japanese benchmark index, which last closed at 21,988.29 on Friday.
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