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UK Stocks-Factors to watch on February 17

Feb 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.24%.

* OIL: Oil prices were steady on Tuesday as investors assessed risks of supply disruption after Iran conducted naval drills near the Strait of Hormuz right ahead of nuclear talks with the U.S. later in the day.

* METALS: Copper softened in thin Asia trade as a firmer dollar, coupled with increasing inventories and weak demand, pressured prices.

* GOLD: Gold extended losses pressured by easing geopolitical tensions in Iran and Russia, as well as a stronger dollar, with investors awaiting the minutes of the January FOMC meeting, due later this week.

* UK'S FTSE 100: London's FTSE 100 ended higher on Monday at the start of a data-packed week, while Pinewood PINE.L was the biggest midcap loser after private equity firm Apax withdrew its bid.

* UK CORPORATE DIARY:

AntofagastaANTO.LFY results
InterContinental Hotel GroupIHG.LFY results
Coca-Cola Europacific PartnersCCEPC.LFY results
* For more on the factors affecting European stocks, please click on: LIVE/ TODAY'S UK PAPERS > Financial Times PRESS/FT > Other business headlines PRESS/GB (Compiled by Neeshita Beura in Bengaluru) ((Neeshita.Beura@thomsonreuters.com))

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