European Stocks Seen Flat As Oil Extends Slide

European stocks are seen opening flat to slightly lower on Monday after closing at 13-month lows on Friday, hit by losses in commodity-related stocks. The German DAX fell 2.5 percent on Friday, France’s CAC 40 index dropped 2.4 percent and the U.K.’s FTSE 100 shed 1.9 percent after oil prices dipped below $30 per barrel for the first time since late 2003.