Markets in Asia Pacific were mixed on Thursday, with energy plays in the region under pressure after oil prices extended their losing streak during the U.S. session.
In Australia, the ASX 200 closed down 64.29 points, or 1.20 percent, at 5,295.50, with most sectors finishing lower. The energy sector finished down 1.76 percent, while the materials sector declined 2.09 percent and the heavily-weighted financials sector was down 0.70 percent.
Hong Kong's Hang Seng index slipped 0.93 percent in late-afternoon trade. Chinese mainland shares finished modestly lower, with the Shanghai composite down 3.99 points, or 0.13 percent, at 3,112.31, while the Shenzhen composite finished near flat at 2,068.08.
In Japan, shares of Fuji Oil fell 0.94 percent, and Japan Petroleum dropped 0.04 percent. South Korea's S-Oil declined 1.11 percent. Hong Kong-listed shares of CNOOC dropped 3.24 percent, while Petrochina fell 2.54 percent in late-afternoon trade.
Bucking the downward trend were shares of Inpex, which finished up 0.74 percent.
During Asian hours, oil prices traded relatively flat after falling more than 1 percent in the U.S. session on Wednesday, amid concerns over whether OPEC would cut production levels at its November meeting.