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CORRECTED-UPDATE 7-Oil dips on easing supply concerns; China data supports

(Corrects milestone in Brent and WTI prices in paragraph 4 and 5)



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Shelf Drilling to cancel IPO – City A.M.

July 1 (Reuters) – Oil-rig contractor Shelf Drilling will scrap its plan to list on the London Stock Exchange because of insufficient interest, Britain’s City A.M. reported on Tuesday citing…

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ExxonMobil to pump $1bn into Europe

Exxon has urged EU governments not to block imports of heavy crude from Canada’s oil sands, which have been a target of environmental campaigners

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