Asian stock markets rebounded Wednesday, the Associated Press reported. Shanghai, Hong Kong, South Korea and Australia advanced. Oil prices edged higher on concern about possible disruption to Russian supplies. Japanese markets were closed for a holiday. On Wednesday, the Shanghai Composite Index rose 0.6% to 3,476.15 and the Hang Seng in Hong Kong gained 0.7% to 23,682.90. The Kospi in Seoul advanced 0.5% to 2,720.20 and Sydney's S&P-ASX 200 added 0.5% to 7,196.40. India's Sensex opened up 0.2% at 57,425.96. Indonesia gained while Singapore and Bangkok declined. In energy markets, benchmark U.S. crude rose 28 cents to $92.19 in electronic trading on the New York Mercantile Exchange. The contract rose $1.28 on Tuesday to $92.35. Brent crude, the price basis for international oils, advanced 22 cents to $94.07 per barrel in London. It gained $1.45 the previous session to $96.84. The dollar edged down to 115.05 yen from Tuesday's 115.07 yen. The euro declined to $1.1327 from $1.1334.