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Asia stocks shine as Fed minutes confirm no urgency to tighten policy

Passersby are reflected on a stock quotation board at a brokerage in Tokyo, Japan, September 29, 2015.

Asian shares rose on Friday, taking their cue from a jump in oil prices as well as gains on Wall Street after minutes of the Federal Reserve's latest meeting led investors to further pare bets that the central bank will hike interest rates this year.

Oil prices climbed to their highest in three months on Thursday, after forecaster PIRA Energy Group predicted crude prices would rise to $70 per barrel by the end of 2016.

Crude oil futures extended overnight gains, with Brent LCOc1 adding 0.4 percent to $53.28 a barrel, while U.S. crude CLc1 was 0.5 percent higher at $49.66.

The Fed minutes revealed the extent to which policymakers are concerned...