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UPDATE 2-Iran says low oil prices will not last long

PARIS, Jan 28 (Reuters) - Iranian President Hassan Rouhani said on Thursday that oil prices would not stay low for long as producers restore market balance.

UPDATE 2-JKX Oil & Gas finance director leaves ahead of meeting

* Investors to vote on board shake-up on Thursday (Adds detail, shareholder comment)

COLUMN-California drivers send warning to OPEC: Kemp

LONDON, Jan 28 (Reuters) - California's road traffic in 2014/2015 grew at the fastest two-year rate since 2001/2002, according to the state's Department of Transportation.

RPT-COLUMN-Australia the relative winner among Asian coal exporting losers: Russell

LAUNCESTON, Australia, Jan 28 (Reuters) - It's probably cold comfort to coal miners in Australia and South Africa, but their Indonesian counterparts are bearing the brunt of the supply cuts needed to balance the market.

RPT-INSIGHT-Brazil a bright spot for debt restructuring advisors as recession bites hard

SAO PAULO, Jan 28 (Reuters) - Debt restructuring firms are poised to pull in record amounts of business in Brazil this year as the country's worst recession in decades and a corruption probe that has cast a shadow over dozens of companies leads to a surge in defaults.

JKX Oil & Gas' finance director leaves ahead of meeting

Jan 28 (Reuters) - JKX Oil & Gas Plc said Finance Director Cynthia Dubin and Non-Executive Director Dipesh Shah had resigned ahead of a meeting to consider a board shake-up.

Taiwan's Ma says shares U.S. goals for South China Sea, aims for peace

BEIJING, Jan 28 (Reuters) - Taiwan President Ma Ying-jeou said on Thursday that Taiwan shares the United States' goals for the disputed South China Sea and would aim for peace and not conflict.

European shares down in choppy trade led by Roche; oils up

* Oil stocks higher as crude steadies above $33 (Adds details)

Scotland, Britain agree funding lifeline to oil port Aberdeen

LONDON, Jan 28 (Reuters) - The British and Scottish governments announced a 250 million pound ($357 million) deal on Thursday to support the city of Aberdeen, hit hard by job losses in an oil sector ravaged by steep declines in the price of crude.

Kremlin says 'nothing tangible' yet on possible coordination with OPEC

MOSCOW, Jan 28 (Reuters) - The Kremlin said on Thursday that the situation on oil markets was being actively discussed among producers, but that there was "nothing to talk about in a tangible sense" when it came to possible coordination with the OPEC group.

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