(Updates prices, adds analyst comments)
** Oil producers and oilfield service providers down as U.S.crude oil prices fell below $42 a barrel after new build in U.S.stockpiles put global glut back in focus
** U.S. crude last down 16 cents at $42.07 a barrel.Brent futures were trading at $49.33 barrel
** Oil support services down 1-2 pct, BG, Royal DutchShell down 0.4-0.8 pct while BP and Tullow Oil fall 1.1 pct
** Weir Group top loser on the FTSE-100,down 1.5 pct, after Liberum cuts PT and keeps its sell rating
** Liberum analyst Jack O'Brien says co's high-marginaftermarket rev from its minerals division at risk from furthercustomer deferrals and falling order intake
** Oil services company Petrofac falls 1 pct whileAmec Foster Wheeler sheds 1.1 pct
** FTSE 350 Oil & Gas Financial index down about1 pct, with Hunting leading the decline
** Stoxx 600 Oil & Gas index falls 0.7 pct withSeadrill down 2.7 pct and among the heaviest declinersacross major European shares (RM: aastha.agnihotri.thomsonreuters.com@reuters.net)