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OPEC sees more balanced oil market in 2016

LONDON, July 13 (Reuters) - The global oil market should be more balanced next year as China and the developing world increase oil consumption while supply of shale oil from North America and other regions grows more slowly, OPEC said on Monday.

Australia PM under fire for ordering fund to stop wind, solar investments

SYDNEY, July 13 (Reuters) - Australian Prime Minister Tony Abbott has come under fire from the opposition and investors after ordering the government's A$10 billion ($7.45 billion) Clean Energy Finance Corporation (CEFC) to stop investing in wind and solar power.

UPDATE 1-Low prices to boost some China commodities imports

* Soybeans, crude oil imports in June second-highest on record

Iran deal would add to oil glut, open door to cement, steel imports

* Iranian oil exports would add to 2.6 million bpd of oversupply

UPDATE 1-Amplats says first-half earnings to rise sharply

JOHANNESBURG, July 13 (Reuters) - The world's biggest platinum producer Anglo American Platinum said on Monday it expected its interim earnings to rise by almost 1,500 percent as it recovers from a five-month strike last year and benefits from an after-tax gain.

COLUMN-China commodity imports raise economic growth questions: Russell

--Clyde Russell is a Reuters columnist. The views expressed are his own.--

Philippine solar industry pushes for more incentives, faster approvals

* Philippines wants to shake dependence on imported fossil fuels

UPDATE 1-China June crude oil imports up 27 pct on year in challenge to U.S. for top spot

* June imports may have topped those of the U.S. (Adds details)

Saudi Arabia faces falling foreign reserves as oil prices still lackluster: Petrodollars

Saudi Arabia sometimes seems to take a blase approach to oil prices, but its falling foreign reserves may spur action. Geoffrey Craig takes stock of the situation.

Last Monday's large percentage decline in crude oil prices was relatively rare

(Mon, 13 Jul 2015) The front-month futures price for crude oil benchmark West Texas Intermediate declined 7.7% on Monday, July 6, the largest single-day decline in percentage terms since February 4. Uncertainty over Greece's fiscal position, volatility in the Chinese stock market, and uncertain prospects for a nuclear deal with Iran were cited as immediate factors affecting expectations for future crude oil supply and demand.

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