Europe shares fall; oils weigh after Chevron news
* FTSEurofirst 300 down 0.1 pct, after 0.8 pct gain on Thu
* Oil, gas producers take most points off the index
* Eyes on U.S. macroeconomic data later in the day
* For up-to-the-minute market news, click on [STXNEWS/EU]
FRANKFURT, July 10 (Reuters) - European shares fell on Friday, with oil producers leading the losers following negative statements from Chevron (CVX.N), the second-largest U.S. oil company, that refuelled fears about company earnings.
At 0818 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was down 0.1 percent at 822.56 points after gaining 0.8 percent on Thursday. The pan-European index has fallen 7.6 percent since June 10 after rallying 38 percent from a record low hit on March 9.
"There is a lack of impulse, full stop," said Giuseppe-Guido Amato, strategist at brokerage Lang & Schwarz in Germany.
"Of course, the Chevron news is slightly negative, but only for the sector," he said, adding that lower oil prices also weighed.
Chevron Corp late on Thursday warned that second-quarter earnings would be hit by a sharp decline in U.S. refining margins, sending its shares down in extended trading [ID:nLA304080]. Its shares in Frankfurt (CVX.F) were down 1.3 percent.
Oil and gas stocks took most points off the FTSEurofirst 300, and the DJ Stoxx Oil & Gas Index .SXEP was down 0.3 percent, while crude oil CLc1 dropped 0.5 percent.
Royal Dutch Shell (RDSa.AS), BP (BP.L) and BG Group (BG.L) were down between 0.2 and 0.7 percent.
Around Europe, UK's FTSE 100 index .FTSE was down 0.3 percent, Germany's DAX index .GDAXI fell 0.03 percent and France's CAC 40 .FCHI eased 0.3 percent.
FOCUS ON U.S. DATA Continued...
