European shares were steady on Friday morning, pausing after a five-session winning streak, while a further drop in crude oil prices kept the pressure on energy shares.

Total was down 3.3 per cent, Seadrill down 5.9 per cent and Saipem down 3.1 per cent.

At 0807 GMT, the FTSEurofirst 300 index of top European shares was down 0.05 per cent at 1,391.30 points.

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