UPDATE 1-UK Stocks-Factors to watch on May 15
Adds news items, updates futures
May 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.67%.
* BRITISH GAS: British energy regulator Ofgem said Centrica CNA.L -owned British Gas agreed to pay 20 million pounds ($26.68 million) in redress after the regulator closed an investigation into the forced installation of prepayment meters.
* HSBC: HSBC HSBA.L has paused a $4 billion investment into its own private credit funds, the Financial Times reported, more than a week after it took a $400 million hit linked to the collapse of British mortgage lender Market Financial Solutions.
* OIL: Oil prices gained more than 1% after President Donald Trump said China wants to buy oil from the United States and as concerns persisted over ship attacks and seizures despite Iran saying about 30 vessels had passed through the Strait of Hormuz.
* METALS: Copper eased, even as it looked set to log a second straight weekly gain, as investors weighed persistent supply risks against signs that high prices are starting to curb demand in top consumer China.
* GOLD: Gold prices fell and were on track for a weekly loss, as higher energy prices fuelled inflation concerns and reinforced expectations of prolonged higher interest rates, while traders awaited the outcome of a U.S.-China summit.
* 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
