European shares turn positive; oils bounce back

LONDON Nov 24 (Reuters) - European shares turned positive by midday on Tuesday after falling earlier in the session, as commodity shares recovered after crude prices cut early losses and prices of some base metals bounced back.

At 1224 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was up 0.1 percent at 1,024.18 points after falling to a low of 1,014.17.

Energy shares rose, with Tullow Oil (TLW.L), Repsol (REP.MC), StatoilHydro (STL.OL) and BP (BP.L) rising 0.5 to 0.9 percent.

(Reporting by Atul Prakash) ((atul.prakash@reuters.com; +44 20 7542 6189; Reuters Messaging: atul.prakash.reuters.com@reuters.net))