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Indonesian coal miners move on as cash runs out

GRAPHIC: Free cash flow, debt: http://link.reuters.com/wem64w

UPDATE 2-Saudi King Salman replaces heir and next in line to rule

RIYADH, April 29 (Reuters) - Saudi King Salman on Wednesday appointed Interior Minister Mohammed bin Nayef as his new heir, replacing the monarch's half brother Prince Muqrin, and made his son, Defence Minister Mohammed bin Salman, second in line to succeed.

UPDATE 2-Oil dips as oversupply outweighs Saudi royal reshuffle

* Put options open interest also higher than for call options (Updates Saudi reshuffle detail, prices)

Oil dips on high supply, prices set to remain volatile

* Put options open interest also higher than for call options

Brazil's Supreme Court frees executives in Petrobras probe

SAO PAULO, April 28 (Reuters) - Brazil's Supreme Court on Tuesday ordered the release from jail of nine engineering executives charged in the corruption investigation at state-run oil firm Petroleo Brasileiro SA.

UPDATE 1-Miner Cliffs quarterly revenue falls, cuts capex

April 28 (Reuters) - Coal and iron ore producer Cliffs Natural Resources Inc reported a 28 percent fall in quarterly revenue, and the company cut its capital budget as prices tumble.

UPDATE 1-U.S. first-quarter earnings on track for slight gain

NEW YORK, April 28 (Reuters) - U.S. first-quarter earnings are on track to post a slight gain following mostly stronger-than-expected results, defying forecasts for the first quarterly profit decline since 2009.

Miner Cliffs says considering sale of North American coal business

April 28 (Reuters) - Coal and iron-ore producer Cliffs Natural Resources said on Tuesday that it was considering a sale of its North American coal business.

Seized ship being escorted to Iran's Bandar Abbas - charterer

LONDON, April 28 (Reuters) - A cargo ship seized by Iran's Revolutionary Guards forces is being escorted to the Iranian port of Bandar Abbas after it was approached in international waters, the shipping line which is hiring the vessel said on Tuesday.

UPDATE 1-Argentina buys $630 mln on currency market to bolster reserves

BUENOS AIRES, April 28 (Reuters) - Argentina's central bank bought $630 million of dollars on the local currency market on Tuesday in one of its largest-ever purchases, a source told Reuters, a move that will bolster the country's precariously low hard currency reserves.

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