European Factors to Watch-Equity futures drop as oil price slides
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LONDON Jan 20 (Reuters) - European equity futures dropped lower on Wednesday as a relentless slide in oil prices hit world markets.
Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were down by between 1.9-2.7 percent.
Energy and mining shares could again bear the brunt of a sell-off.
U.S. crude oil prices fell to their lowest level since 2003 after the world's energy watchdog warned the market could "drown in oversupply".
The pan-European FTSEurofirst 300 index had closed up 1.4 percent on Tuesday, marking a rebound from 13-month lows reached earlier this month.
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