Australia shares slide as oil slumps, investors eye earnings reports
* Oil down 5 pct, weighs energy stocks
* Investors still taking breather after bull run
* CSL drags broader market (Adds analysis, quotes, stocks on the move)
SYDNEY/WELLINGTON, Feb 11 (Reuters) - Australian shares fell for the third straight session on Wednesday as energy stocks led the market lower and investors remained cautious heading into company reporting season.
The S&P/ASX 200 index was down 38 points or 0.7 percent at 5,762.3 points by 0131 GMT.
A muted profit outlook from biopharmaceutical giant CSL sent its shares down sharply, weighing on the benchmark index, while continuing uncertainty about a resolution to the Greek debt crisis contributed to the hesitant tone.
A recent bull run lasting 12 straight sessions, equal to the country's longest ever, also has convinced many investors to take profits, traders said.
"We're not seeing a great deal of commmitment, either from buyers or sellers," said CMC Markets chief strategist Michael McCarthy.
"It looks like a lot of investors are caught between the reasonable results that are coming out in most cases and the high levels that we're seeing for the market overall." Continued...