European stock markets fell on Monday as oil prices reversed earlier gains to tumble 4 percent, while weak business sentiment numbers from Germany highlighted growing concerns about the outlook for the global economy. The pan-European FTSEurofirst 300 index .FTEU3 , which rose 3 percent on Friday to mark its first weekly gain for 2016, fell 0.8 percent in early trade. Crude oil prices tumbled 4 percent on persistent worries about oversupply and profit-taking, reversing early gains. That followed a 10 percent surge on Friday on short-covering and fuel demand triggered by freezing weather in parts of the northern hemisphere. [O/R] Still, with oil prices holding above $30 a barrel, world stock markets remained above multi-year lows hit last week. Risk aversion amid fears of a China-led global economic […]