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Oil prices steady but oversupply, China stock rout drag

SINGAPORE, July 9 (Reuters) - Crude oil prices were steady on Thursday, with U.S.

Rosneft extends crude oil supply to Essar’s refinery in India

Russian oil giant Rosneft has signed an agreement to supply 100 million tons of crude oil to Essar Oil’s Vadinar refinery in the Indian state of Gujarat .

Venezuela bid to review $46 mln Tidewater award rejected

CARACAS, July 8 (Reuters) - Venezuela's request to review a $46 million compensation claim it has been ordered to pay to oil service company Tidewater was rejected and the stay on the award's execution lifted, a World Bank tribunal said in a decision posted on its website on Wednesday.

U.S. oil refiners score small victory in battle over RINs

NEW YORK, July 8 (Reuters) - U.S.

Oil service firms jostle for India orders amid global spending cuts

* India's ONGC boosts capital spending by a fifth to $5.7 bln

UPDATE 1-Romanian prosecutors seize Lukoil assets in probe - agency

BUCHAREST, July 8 (Reuters) - Romanian prosecutors seized assets of Russian oil firm Lukoil worth up to 2 billion euros ($2.22 billion) in an investigation on suspicion of money laundering, a local court was quoted as saying on Wednesday by state agency Agerpres.

COLUMN-Why Russia's turn to China is a mirage

July 8 (Reuters) - On July 8 and 9, Russia hosts Chinese, Indian, Brazilian and South African leaders at the annual BRICS summit in the Russian republic of Bashkortostan. The conference takes place at a time when Russia's rift with the West over Ukraine has sparked some concerns that Moscow might turn its back on the West and pivot towards Asia, both economically and politically.

UPDATE 1-Oil trader Hall's fund down 2nd month in row in rangebound market

NEW YORK, July 8 (Reuters) - Renowned oil bull Andy Hall's $3 billion hedge fund posted a second straight monthly loss in June, curbing gains for the first half, as he maintained an expectation of higher crude prices in a rangebound market.

Romanian prosecutors seize Lukoil assets of up to 2 bln euros in probe

BUCHAREST, July 8 (Reuters) - Romanian prosecutors seized assets of Russian oil firm Lukoil worth up to 2 billion euros in an investigation on suspicion of money laundering, a local court was quoted as saying on Wednesday by state agency Agerpres.

UPDATE 1-Mexico's Pemex boosts gasoline imports in wake of shortages

MEXICO CITY, July 8 (Reuters) - Mexican state-owned oil company Pemex is ramping up gasoline imports and boosting domestic production at two major refineries after fuel shortages led to long lines at gas stations in several states this week.

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