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Aluminum swaps have come a long way since August 9th 2013, when the first lots on the CME’s MW US Transaction futures contract were reported to have traded.

BASRA, Iraq, July 1 (Reuters) - Iraq's oil exports from the
southern ports fell in June as domestic consumption rose due to
demand for summer cooling, an official at the state-run South
Oil Company said on Friday.

* But weak China, South Korea data points to slowing Asia
growth

(Adds Asian economic data, physical oil price, comment)

July 1 (Reuters) - Premier Oil Plc, which is in
talks with its lending group on the terms of its existing
financial facilities, said on Friday that the lending group had
agreed to defer the test of its financial covenants.

BEIJING, July 1 (Reuters) - The global oil market should see
supply and demand in balance by 2017 though it will remain
structurally well-supplied for the next couple of years, U.S.
Energy Secretary Ernest Moniz said on Friday.

July 1 (Reuters) - Premier Oil Plc, which is in
talks with its lending group on the terms of its existing
financial facilities, said on Friday that the lending group had
agreed to defer the test of its financial covenants.

* Attacks on minor parties could backfire on Turnbull

(Adds new Turnbull quotes, paragraphs 5-6 )

BASRA, Iraq, July 1 (Reuters) - Iraq's oil exports from the
southern ports ran at an average rate of 3.175 million barrels
per day in June, an official at the state-run South Oil Company
said on Friday.

* Chevron says no injuries after workers evacuated

(Adds Chevron comment, details)

HOUSTON, July 1 (Reuters) - Since the beginning of the U.S.
fracking revolution, oil producers have struggled with a vexing
problem: after an initial burst, crude output from new shale
wells falls much faster than from conventional wells.

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