Australia shares likely to open lower, NZ flat

Australian shares are set to fall at open
on Thursday as a slump in oil prices overnight are likely to
weigh on heavyweight energy stocks.
Oil prices fell more than 2% on Wednesday as a market
surplus forecast by the International Energy Agency (IEA) and
demand worries amid the outbreak of a virus in China outweighed
concern over disruptions to Libya’s crude output.
The local share price index futures fell 0.2%, a
71.7-point discount to the underlyin