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Australia’s S&P/ASX 200 energy index today fell 2.0 per cent to one-month lows as renewed slide in oil prices spooked investors.
The index was down more than 7.0 per cent already this year, following a 14.8 per cent drop in 2014.
Oil explorers and producers, including Santos, Senex and Karoon Gas, suffer declines of between 1 and 6 per cent.
Crude oil prices were near six-year lows after Goldman Sachs warned that the prices would fall further and Gulf oil producers showed no sign of cutting output.
US crude was trading at $45.75 a barrel, having fallen as far as $45.62 overnight, a low not seen since 2009.
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