Shares in Japan set to rise; investors to monitor oil prices after surge

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Shares in Japan set to rise; investors to monitor oil prices after surge
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OPEC and its allies decided Wednesday to hold production steady despite a dramatic rise in oil prices seen in recent days.

A private survey of Chinese services activity in February is set to be out on Thursday, with the Caixin/Markit services Purchasing Managers' Index expected at 9:45 a.m. HK/SIN.

OPEC and its allies decided Wednesday to hold production steady despite the dramatic rise in oil prices seen in recent days, with international benchmark Brent crude futures now above $114 per barrel. SINGAPORE — Shares in Japan looked set for a higher Thursday open following overnight gains on Wall Street. Investors will continue to monitor oil prices after prices surged in recent days.

The Nikkei futures contract in Chicago was at 26,630 while its counterpart in Osaka was at 26,670. That compared against the

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