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UPDATE 1-OPEC price hawk Iran joins others seeing $75 oil as "fair"

VIENNA, June 5 (Reuters) - Iranian Oil Minister Bijan Zanganeh said on Friday that most members of OPEC agree $75 a barrel is a "fair" oil price, the first such comment from one of the group's most hawkish nations.

UPDATE 1-Iraqi oil min sees rising demand; crude at $75 by year end

VIENNA, June 5 (Reuters) - Iraqi Oil Minister Adel Abdel Mahdi said he expects prices and demand to rise, while all options on output would be discussed as ministers from the Organization of the Petroleum Exporting Countries (OPEC) gathered for their policy meeting on Friday.

UPDATE 1-Will Saudi boost oil capacity? Naimi's retort: Show me 10 pct return

VIENNA, June 5 (Reuters) - When it comes to whether Saudi Arabia will invest billions of dollars to increase its ability to pump more oil, boosting the world's only large stand-by reserve, minister Ali al-Naimi has a quick answer: show me the return.

Asian margins: Gasoline comes out top, gasoil a flop

GRAPHIC: Asia product margins: http://link.reuters.com/cyn84w

RPT-This time, low price signals longer-lasting retrenchment for oil industry

LONDON, June 4 (Reuters) - The slump in crude prices has jolted the oil industry into deep cost cutting which, unlike the previous downturn, could last for a few years at least.

UPDATE 3-Oil prices fall as OPEC seen keeping production high

SINGAPORE, June 5 (Reuters) - Oil markets fell for a third day on Friday ahead of an OPEC meeting where the oil group is expected to stick by its policy of unconstrained output for another six months, keeping the market oversupplied.

UPDATE 1-OPEC poised to keep pumping even as global oil glut persists

VIENNA, June 5 (Reuters) - Oil group OPEC is set on Friday to stick by its policy of unconstrained oil output for another six months, setting aside warnings of a second lurch lower in prices as some members such as Iran look to ramp up exports.

COLUMN-Indonesia, not Australia, doing heavy lifting on cutting coal output: Russell

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

WGC 2015: How gas hopes to fight back against coal

Gas has been struggling to maintain its market share against competition from cheaper coal and growing renewable generation.

Tkachyov: Business as usual or all change at the top for Russia’s agriculture?

Despite only being in office for a month, Russia's new minister of agriculture, Alexander Tkyachyov, has already given us a taste of things to come, starting with a burdensome wheat tax.

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