26 Jun Australia shares seen falling; NZ rises
June 28 (Reuters) – Australian shares are set to open lower
on Thursday, tracking Wall Street, but higher energy stocks
backed by robust oil prices are expected to cap losses.
Oil prices jumped on Wednesday as plunging U.S. crude
stockpiles compounded supply worries in a market already
uncertain about Libyan exports, a production disruption in
Canada and Washington’s demands that importers stop buying
Iranian crude from November.
The local share price index futures fe
on Thursday, tracking Wall Street, but higher energy stocks
backed by robust oil prices are expected to cap losses.
Oil prices jumped on Wednesday as plunging U.S. crude
stockpiles compounded supply worries in a market already
uncertain about Libyan exports, a production disruption in
Canada and Washington’s demands that importers stop buying
Iranian crude from November.
The local share price index futures fe
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