Oil prices fall as traders await ‘toughest’ U.S. sanctions on Iran
Oil prices dropped Monday as traders waited for details of a new U.S. sanctions package targeting Iran, billed by Washington...
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Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Tech Selloff Drags Wall Street Lower as Investors Await Iran Sanctions Details
Technology stocks dragged Wall Street lower on Monday even as falling bond yields and cheaper oil lifted most other sectors....
ADNOC Awards McDermott Over $1 Billion for Umm Shaif Offshore Gas Project
ADNOC has awarded McDermott a contract worth more than $1 billion to build a pressure-boosting facility at the Umm Shaif...
Iran threatens 46 ships with fines or confiscation in Strait of Hormuz crackdown
Iran has threatened 46 ships with fines, detention or confiscation for violating its transit rules in the Strait of Hormuz,...
EIA Cuts 2026 US Liquid Fuels and Energy Demand Outlook, Raises 2027 Forecast
The U.S. Energy Information Administration's August short-term energy outlook lowers its 2026 forecast for U.S. liquid fuels and total energy...
