European stocks steady; oil shares tumble again

Reuters Updated - March 12, 2018 at 06:45 PM.

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.

Published on November 28, 2014 08:52