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UPDATE 1-Iraq, Venezuela see $75-80 as "fair" price for oil

VIENNA, June 3 (Reuters) - The top oil officials of Iraq, Venezuela and Angola said on Wednesday that $75 to $80 a barrel was now a "fair" price for oil, reflecting an emerging consensus on a possible new equilibrium for volatile markets.

Dollar rally set to resume as U.S. economic data improves-Reuters poll

June 3 (Reuters) - The dollar rally will regain momentum from next month, a Reuters poll of foreign exchange strategists showed on Wednesday, although its strength will depend on economic data and the timing of a Federal Reserve interest rate hike.

Big Oil chiefs tell OPEC they're adapting to price shock

VIENNA, June 3 (Reuters) - Six months after OPEC upended oil markets and sent prices crashing, the head of U.S. oil giant ExxonMobil has an unusual message for the cartel: thanks.

UPDATE 2-India refiners in talks with Iraq on strategic reserves-sources

NEW DELHI, June 3 (Reuters) - State refiners Indian Oil Corp and Hindustan Petroleum Corp are holding talks with Iraq's national oil company to buy 4 million barrels of Basra light crude oil for India's strategic petroleum reserves (SPRs), three sources said.

UPDATE 3-OPEC set to hold line on output, setting aside Iran dilemma

VIENNA, June 3 (Reuters) - OPEC is set to carry on pumping oil nearly flat-out for months more, content that last year's shock market therapy has revived demand and knocked back growing competition.

Polish miner Bogdanka asks watchdog to probe rival's coal prices

WARSAW, June 3 (Reuters) - Polish coal miner Bogdanka has asked the antimonopoly office to investigate state-owned rival Kompania Weglowa (KW) over what Bogdanka says are cut-price offers directed by KW at Bogdanka's clients.

RPT-COLUMN-Big iron ore miners' plan to displace everybody else losing steam: Russell

--Clyde Russell is a Reuters columnist.

COLUMN-U.S. oil inventories will shrink as contango disappears: Kemp

LONDON, June 3 (Reuters) - The vanishing contango in U.S. crude oil futures points to a sharp draw down in crude stocks over the next few months as the incentive to store excess oil disappears.

Iraq, Venezuela see $75-80 as "fair" price for oil

VIENNA, June 3 (Reuters) - The top oil officials of Iraq and Venezuela said on Wednesday that $75 to $80 a barrel was now a "fair" price for oil, reflecting an emerging consensus on a possible equilibrium for volatile markets.

Power line standoff holds back Germany's green energy drive

* Opponents say power lines destroy landscape, devalue property

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