Asian Shares Trade Mixed Amid Oil Price Swings and US Bond Market Volatility

Asian shares were trading mixed in early Thursday trading as investors tried to make sense of recent swings in oil prices and the U.S. bond market.

Japan's benchmark Nikkei 225 gained 1.3% in morning trading, reaching 65,883.41, thanks in part to a boost from interest in artificial intelligence among chipmakers.

Australia's S&P/ASX 200 fell 0.7%, dropping to 8,700.50, while Hong Kong's Hang Seng lost 0.5% to 24,715.95 and the Shanghai Composite dipped 0.8% to 3,902.33.

U.S. crude oil prices fell 0.82% to $91.40 a barrel, with Brent crude losing 0.83% to $102.22 a barrel.