Energy firms hit by oil dive; North Korea crisis fuels uncertainty

Hong Kong

ASIAN energy firms sank on Thursday following a plunge in oil prices while equity traders remained on edge after North Korea's latest missile test and warnings from the US it would use force to deal with the nuclear-armed state.

Crude fell around 4 per cent on Wednesday on renewed concerns about a global supply glut that overshadowed data pointing to a drop in US stockpiles.

Investors are worried that an output cut agreed by Opec a…