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OPEC oil output hits 3-year high in June on Iraq -Reuters survey

LONDON, June 30 (Reuters) - OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of the group's top exporters on market share.

Lifeline for German coal to be costly for public, markets

FRANKFURT, June 30 (Reuters) - German utilities hope the government will drop a plan to slap carbon levies on coal-fired power plants on Wednesday, but compensating the companies to move aging capacity to a reserve scheme instead would create new problems.

Germany postpones vote on fracking law amid coalition row over details

BERLIN, June 30 (Reuters) - Germany has delayed a parliamentary vote on new rules for the disputed technique of fracking for shale gas after parties in Chancellor Angela Merkel's coalition failed to agree on final details, lawmakers said on Tuesday.

UAE man jailed for tweets critical of high court - newspaper

DUBAI, June 30 (Reuters) - A man in the United Arab Emirates was sentenced to three years in jail on Monday for Twitter posts allegedly insulting the Gulf country's Supreme Court, a local newspaper reported.

Shanghai CO2 market flounders as supply glut hits prices, trading

BEIJING, June 30 (Reuters) - Shanghai's carbon market ended its compliance year on a subdued note on Tuesday, with not a single transaction on the last day and permit prices near record lows after shuttered firms covered by the scheme dumped their permits onto the market.

Australia slashes 2015 iron ore price forecast by 10% to $54.50/mt

The Australian government has lowered its forecast on average iron ore prices in 2015 to $54.50/mt FOB, down 10% from $60.40/mt FOB earlier, according to the Department of Industry and Science's latest quarterly update released June 30.

UPDATE 1-Oil prices seen steady despite Greek crisis, Iran

* TABLE: For crude oil price forecasts, see (Adds graphic)

Cenovus to sell royalty business to Ontario Teachers'

June 30 (Reuters) - Canadian oil producer Cenovus Energy Inc said it would sell its royalty business, Heritage Royalty Limited Partnership, to Ontario Teachers' Pension Plan.

U.S. activists to protest against Shell Arctic oil rig

SEATTLE, June 29 (Reuters) - U.S. environmental activists said they planned to protest on Tuesday against the launch of the second of two oil rigs central to Shell's plans to drill for oil in the Arctic.

UPDATE 1-India asks refiners to buy dollars, euros to settle Iran oil dues

* Iran nuclear talks expected to overshoot Tuesday deadline (Adds details from oil ministry letter, forex impact)

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