European stocks knocked back by weak oil price and Burberry drop
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* FTSEurofirst 300 slips down off 1-month high
* Burberry slumps after H2 sales fall
* Weak oil prices also weigh on markets
By Sudip Kar-Gupta
LONDON, April 14 (Reuters) - Weak oil prices and a fall in the shares of Burberry knocked back European stock markets on Thursday.
The pan-European FTSEurofirst 300 index, which had risen 2.6 percent to a one-month high in the previous session, slipped back 0.2 percent.
The FTSEurofirst remains down by around 6 percent since the start of 2016, as concerns about a China-led economic slowdown have hit world stock markets and commodity prices, given China's role as a major consumer of oil and metals.
Oil prices fell on Thursday as OPEC warned of slowing demand and Russia hinted that there might only be a loose agreement with little commitments at the upcoming exporter meeting to rein in ballooning oversupply. Continuación...