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Deadlines, red lines, bedtimes get no respect at Iran talks

VIENNA, July 8 (Reuters) - As any parent knows, setting limits is important, especially at bedtime. In the Iran nuclear negotiations, however, the normal rules of diet, discipline and decorum do not always apply.

RPT-INSIGHT-With options dwindling, BP seized a chance to settle oil spill case

NEW YORK/LONDON/HOUSTON, July 9 (Reuters) - In early May, with its legal options dwindling and investors impatient, BP Plc saw a chance to negotiate what became a $18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history.

Western official denies report Iran nuclear talks could go to July 13

VIENNA, July 9 (Reuters) - A report by Iranian Press TV that nuclear talks between Iran and six major powers could be extended to Monday is "not true," a Western official said on Thursday.

UPDATE 2-Russia's Rosneft signs deal to buy into India's Essar Oil

* Stake acquisition deal is subject to corporate approval (Recasts to say Rosneft buying stake in Essar, comments from Essar and Rosneft, background)

As oil teeters at $50, a few shale producers still drilling more

WILLISTON, N.D./HOUSTON, July 9 (Reuters) - A handful of optimistic U.S. shale drillers are sticking with plans to deploy more rigs in the coming months even as oil prices take a sharp dive well below many producers' $60-a-barrel breakeven point.

China to let independent refiners import more crude

SINGAPORE/BEIJING, July 9 (Reuters) - China is opening its crude oil imports to buyers outside of the state-owned sector, and independent refiners could get approvals for up to 600,000 barrels per day (bpd) in shipments this year.

Big powers working on 'difficult issue' of Iran arms embargo

VIENNA, July 9 (Reuters) - The major powers are trying to resolve the difficult issue of when to remove a U.N. arms embargo, a senior Western official said on Thursday after Russian Foreign Minister Sergei Lavrov said it should be lifted as soon as possible.

Gulf Keystone gets payments for Shaikan crude; cuts output forecast

July 9 (Reuters) - Gulf Keystone Petroleum Ltd said it had received further payments on recent contracts, helping prop up its cash position, and continued to progress towards a regular payment cycle for the oil it produces.

UPDATE 5-Oil bounces on China shares rebound, economic data

* Japan machinery orders hit 7-yr highs, German exports surge

Iron ore rout wipes nearly $300 mln off Fortescue bonds

SYDNEY, July 9 (Reuters) - Falling iron ore prices are dragging Fortescue Metals Group bonds lower, cutting the value of the Australian miner's recently issued senior secured note by nearly $300 million.

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