Asian stocks were mainly up on Tuesday as rising oil prices lifted resources stocks after Russian President Vladimir Putin said he backed efforts to cap oil production.
The commodity gained fuel throughout most of the Asian trading day from Putin's comments at an energy conference in Istanbul on Monday, along with an observation from Saudi Arabia's energy minister that a 20% rally in crude prices to $60 a barrel was "not unthinkable."
But oil fell back towards the start of the European business day, with Brent crude recently down 0.34% at $52.96 a barrel.
U.S. futures moved lower, with the Dow Jones mini down 0.19%, the S&P 500 mini dropping 0.24% and the Nasdaq 100 mini losing 0.22%.
In Seoul Samsung Electronics fell 7.2% after the group suspended sales and exchanges of its Note 7 smartphone after replacement decides continued to catch fire. The debacle has raised worries about contagion to the wider Samsung brand.
"We are working with relevant regulatory bodies to investigate the recently reported cases involving the Galaxy Note7," Samsung said. "Because consumers' safety remains our top priority, Samsung will ask all carrier and retail partners globally to stop sales and exchanges of the Galaxy Note7 while the investigation is taking place."
The yen was recently down 0.29% at ¥103.9100.
In Japan the Nikkei 225 was up 0.98% at 17,024.76, while the Topix was up 0.42% at 1,356.35.
SoftBank (SFTBY) led the gainers, rising 3.6%. The telecom and Internet investor led a $130 million fundraising round in Zymergen, a three-year old Silicon Valley biotech aiming to produce industrial chemicals from single-cell organisms, or microbes. Oil producer Inpex was up 3.2%.
Shares of Takata (TKTDY) fell 7.5% after the Wall Street Journal reported late last week that the air bag maker is weighing a U.S. bankruptcy filing to help attract an outside investor. On Tuesday Takata said it hadn't announced such a plan. Japanese markets were closed on Monday for a public holiday, as was Hong Kong.
Chinese stocks were mainly higher, with the CSI 300 up 0.20% at 3,300.53. In Hong Kong the Hang Seng fell 1.52% to 23,488.20.