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OPEC oil output hits new high in market share push - survey

LONDON, July 31 (Reuters) - OPEC oil output reached the highest monthly level in recent history in July, a Reuters survey found on Friday, as Saudi Arabia and other key members show no sign of wavering in their focus on defending market share instead of prices.

BUZZ-Chevron Corp: Q2 profit drops 90 pct

** Reports lower-than-expected Q2 profit as falling oil prices hurt results

BUZZ-Exxon Mobil Corp: Q2 profit halved by weak oil prices

** Shares of the world's largest publicly traded oil company down 2.2 pct at $81.20 premarket

Brazil corruption probe threatens Rio Olympics preparations

RIO DE JANEIRO, July 31 (Reuters) - Brazil's largest-ever corruption scandal threatens to slow down preparations for the Olympic Games in Rio de Janeiro next year as it engulfs construction companies responsible for the lion's share of projects worth around $12 billion.<

UPDATE 1-Imperial Oil's profit misses as crude prices plunge

July 31 (Reuters) - Imperial Oil Ltd , Canada's No.2 integrated oil producer and refiner, reported a lower-than-expected quarterly profit, hurt by the slump in crude prices.

UPDATE 1-Exxon profit halved by tumbling crude price; shares drop

July 31 (Reuters) - Exxon Mobil Corp reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company.

UPDATE 1-Canada GDP unexpectedly shrinks in May, for fifth month

OTTAWA, July 31 (Reuters) - The Canadian economy shrank for the fifth consecutive month in May, by 0.2 percent from April, strengthening the probability that the country was in recession in the first half of the year, according to Statistics Canada data released on Friday.

Zaldivar mine deal hits Antofagasta shares, bodes well for Anglo

LONDON, July 31 (Reuters) - Barrick Gold Corp's sale of half of its Zaldivar copper mine in Chile to Antofagasta for what analysts say is a pricey $1 billion hit Antofagasta's shares on Friday, but could help Anglo American in its own copper assets sale.<

Imperial Oil's profit plunges 90 pct

July 31 (Reuters) - Imperial Oil Ltd , Canada's No.2 integrated oil producer and refiner, reported a 90 percent fall in quarterly profit, hurt by the slump in crude prices and a tax-related charge.

UPDATE 1-Pipeline operator Enbridge profit rises as shipments increase

July 31 (Reuters) - Enbridge Inc, Canada's largest pipeline company, reported a higher-than-expected rise in quarterly adjusted profit, helped by increased throughput as producers moved more oil by pipes than on rail.

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