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LONDON, July 14- Brent crude oil steadied around $107 a barrel on Monday, close to its lowest in three-months after weeks of heavy falls on signs of improving supply from key producers and weak demand in some consuming centers.
LONDON, July 14- Brent crude oil slipped towards $106 a barrel on Monday, its lowest for three months, depressed by signs of improving supply from key producers and weak demand in some consuming centres.
VIENNA— The United States and Germany put a brave face on an escalating espionage dispute, stressing on Sunday the importance of their cooperation to solving several global crises but offering little indication they've fully mended ties. The accounts have rocked relations, coming on the heels of revelations about widespread U.S. spying in Germany.
WASHINGTON, July 11- The U.S. Congress will ultimately support an extension of an interim agreement of talks on Iran's nuclear program, lawmakers and congressional aides said, despite calls by Republicans and some Democrats to abandon negotiations and return to tough sanctions to deter Tehran from building a nuclear bomb.
VIENNA— Big-power foreign ministers are joining Iran nuclear talks on a diplomatic rescue mission. "Obviously both sides have set out positions that are irreconcilable," says Gary Samore, who left the U.S. team negotiating with Iran last year.
United States again set to lead non- OPEC output growth. *Sees 310,000 bpd decline in demand for OPEC crude. The report by the 12- member OPEC points to ample supplies next year, especially if there is further progress in resolving outages in OPEC countries Libya, Iraq and Iran.
VIENNA, July 10- The U.N. atomic agency said on Thursday it believed nuclear material which Iraq said had fallen into the hands of insurgents was "low grade" and did not pose a significant security risk.
By early afternoon in Europe, benchmark U.S. crude for August delivery was down 34 cents to $101.95 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, a benchmark for international oils, was down 12 cents to $108.16 on the ICE Futures exchange in London.
Bay Area preps for showdown. WASHINGTON— If two of the most progressive U.S. cities don't pass a tax on sugary drinks, will the idea finally fizzle out?
VIENNA— A clutch of countries is breaking ranks with the EU's efforts to put economic and diplomatic pressure on Russia over Ukraine and building a pipeline meant to carry huge amounts of Russian gas to their doorstep.
*European shares dip, Wall Street expected to follow. LONDON, July 7- The dollar and world shares were losing steam on Monday as the momentum from last week's strong U.S. jobs data faded and attention began to turn to the fast-approaching earnings season.
Five days into the latest round of talks between Iran and six global powers, two diplomats told The Associated Press that there is still a disagreement on the constraints Iran is ready to accept in exchange for a full end to the sanctions stifling its economy.
The price of oil slipped below $104 a barrel Monday as expectations that Libya will soon boost its exports of crude offset strong U.S. job growth. By early afternoon in Europe, benchmark U.S. crude for August delivery was down 19 cents to $103.87 a barrel in electronic trading on the New York Mercantile Exchange.
WELLINGTON- Reserve Bank of New Zealand Deputy Governor Geoff Bascand delivers a speech on "The evolution of New Zealand's currency." AIX-EN-PROVENCE, France- ECB Executive Board member Benoit Coeure speaks at a conference in Aix-en-Provence on European investments- 0815 GMT.
Erste dropped by 14 percent after the bank, which is the third-biggest lender in emerging Europe, warned that fresh hits from Romania and Hungary would drive it to a record 2014 loss.
AIX-EN-PROVENCE, France- Annual "Davos in Provence" meeting. Speakers:- IMF chief Christine Lagarde, ECB Executive board member Benoit Coeure, Bank of France Governor Christian Noyer and France Finance Minister Michel Sapin.
FRANKFURT- ECB Governing Council meeting, followed by interest rate announcement and a news conference- 1145 GMT. STOCKHOLM- Swedish Central Bank announces interest rate decision. HOBART, Australia- RBA Governor Glenn Stevens addresses the Australian Conference of Economists and the Econometric Society Australasian Meeting in Hobart- 0100 GMT.
WASHINGTON- Federal Reserve Chair Janet Yellen gives Michel Camdessus lecture at an event hosted by the International Monetary Fund in Washington- 1400 GMT. STOCKHOLM- Swedish Central Bank holds Monetary Policy meeting. LONDON- RBA Assistant Governor Guy Debelle gives a speech to the Financial Times Camp Alphaville Conference in London- 1105 GMT.
WASHINGTON- The US-China Business Council will host a conversation with U.S. The Wall Street Journal's Sudeep Reddy will moderate the discussion. LONDON- Bank of England Deputy Governor Ben Broadbent speaks at Adam Smith Institute' Power Lunch'.
*OPEC output back below supply target of 30 million bpd. The slight decline underlines how unrest and outages in the Middle East and Africa are taking their toll on OPEC supply, just as the International Energy Agency is highlighting a greater need for OPEC oil in the rest of the year. 1/ 8 D: nL5N0OU1KF 3/ 8.