Nov 15 (Reuters) - Australian shares are likely to open slightly higher on Thursday after two sessions of heavy declines as oil prices rose on prospects of output cuts.
Financial shares .AXFJ could come under pressure after overnight losses among their U.S. peers.
The local share price index futures YAPcm1 rose 9 points to 5,749, a 16.2-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 1.7 percent on Wednesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.3 percent in early trade.