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Oil traders prepare for next big price drop in March 2016

* Steep rise in $35, $30 put options reveals downside targets

UPDATE 1-Canada PM meets Obama for first time, insists will withdraw jets

MANILA, Nov 19 (Reuters) - New Canadian Prime Minister Justin Trudeau held his first formal meeting with U.S. President Barack Obama on Thursday as the two men tried to repair relations that have become frayed over the last decade.

UPDATE 1-Suedzucker lifts earnings view, but sees bioethanol hit

* Suedzucker shares up, CropEnergies drops 6.5 pct (Adds details on CropEnergies guidance, share prices)

European shares open higher led by Sodexo, miners

MILAN, Nov 19 (Reuters) - European shares opened higher on Thursday led by Sodexo after a solid update and helped by strong gains among mining stocks.

With a solar oven, Kenyan women bake their way to a better life

MSUMARINI, Kenya, Nov 19 (Thomson Reuters Foundation) - In this rural village in Kilifi County, on Kenya's east coast, a group of women run a thriving bakery.

COLUMN-India, not China, powering growth in fuel demand: Russell

LAUNCESTON, Australia, Nov 19 (Reuters) - - China's fuel usage tends to gather headlines as an indicator of the strength of global crude oil demand, and while this has been justified, the real growth action is happening over the Himalayas in India.

Iraqi oil selling at $30 as OPEC readies for new battles

LONDON/DUBAI, Nov 19 (Reuters) - Iraq may increase oil output further in 2016, although less dramatically than this year, intensifying a battle for market share between OPEC members and non-OPEC rivals that has forced Baghdad to sell some crude grades for as little as $30 a barrel.

UPDATE 2-Oil prices edge up on short covering, but oversupply still bites

* Average oil prices to be lower next year - BMI Research (Adds comment, price outlook, updates prices)

Kiribati leader takes push for climate change action to Australia

MELBOURNE, Nov 19 (Reuters) - The president of Kiribati on Thursday said he was disappointed by the Australian government's decision to approve a giant coal mine, as he urged the major exporter of the commodity to take action on climate change ahead of a key summit in Paris.

UPDATE 1-BHP Billiton says solid "A" balance sheet its top priority

PERTH, Nov 19 (Reuters) - Mining giant BHP Billiton said on Thursday its priority was to maintain a healthy balance sheet, but made no direct comment on future dividends amid speculation that tumbling commodity prices will force it to cut its payout.

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