Oil shares lead European equities lower as crude hits new low
* FTSEurofirst 300 down 0.5 pct
* Oil & gas stocks down 1.6 pct as Brent plunges new lows
* Next up 3.8 pct as Christmas sales trigger guidance hike
By Francesco Canepa
LONDON, Dec 30 (Reuters) - European shares fell on Tuesday, led by energy companies as Brent oil fell to a fresh 5-1/2-year low on persistent worries about a global supply glut.
The STOXX Europe 600 oil & gas index fell 1.6 percent at 0812 GMT, taking its loss for the year to 15 percent following a slump in oil prices since June, caused by ample supply at a time of still subdued global demand.
Explorers Seadrill and Tullow Oil were down around 3 percent on concerns oil major would continue to cut spending as crude prices fall.
Risk appetite was also hit by uncertainty surrounding Greece, which is heading to a January election that the leftist anti-bailout Syriza party is tipped to win.
Greek shares were flat after falling nearly 4 percent on Monday, when the parliament in Athens failed to elect a head of state, triggering the early vote. Continuación...