By Sarah Turner
LONDON (MarketWatch) -- European shares declined again on Friday, extending steep losses from the previous session as investors continued to pull back on risk. Oil and gas producers were among the worst performers, with Total (FR:FP 37.36, -0.36, -0.96%) shares down 1.3% and BP (UK:BP. 518.20, -10.60, -2.01%) shares down 2%, as light sweet crude oil futures traded just over $70 a barrel in electronic trading. The U.K. FTSE 100 index declined 0.5% to 5,048.29, the German DAX index lost 0.5% to 5,841.31 and the French CAC-40 index lost 0.1% to 3,428.33.
