Dow Jones Top Energy Headlines at 11 AM ET: Oil Futures Hold Their Ground Awaiting Hormuz Agreement | Abu ...
Oil Futures Hold Their Ground Awaiting Hormuz Agreement
Oil futures edged higher as the market waited to see if an agreement would be reached to reopen the Strait of Hormuz.
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Abu Dhabi's Adnoc Distribution Profit Nearly Doubles on Fuel Demand, Inventory Gains
Adnoc Distribution reported a sharp jump in quarterly profit as higher fuel sales, inventory gains and stronger margins lifted earnings.
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Siemens Energy Orders Reach Record Highs on U.S. Data-Center Demand
Shares rose around 4% in early morning European trade as demand for U.S. data centers and surging global demand for electricity led to record high orders in its fiscal third quarter.
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Energy & Utilities Roundup: Market Talk
Find insight on Seatrium, BP and more in the latest Market Talks covering energy and utilities.
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Saudi Aramco's Bumper $33 Billion Profit Gives Kingdom's Finances a Boost
Elevated crude prices lifted earnings despite disruption in the Strait of Hormuz pushing sales volumes lower.
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BP to Sell U.S. Biogas Unit as Oil Profits Surge
The British oil major intends to sell its Archaea biogas business as its oil trading and higher energy prices lifted profits.
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Hormuz Opening Uncertain After New Strike
A ship moving through the Strait of Hormuz was struck as talks to open the waterway continued.
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Zach Dell Is Raising Money to Put a Battery in Your Backyard
Base Power, co-founded by Michael Dell's son, lands a $13 billion valuation as electricity demand and battery storage are booming.
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Trump Blasts Big Oil Companies for 'Making Too Much Money'
The president called out ExxonMobil and Chevron for record profits amid high oil prices.
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Diamondback Energy Lifts Production Guidance, Reports Surging Profit on High Oil Prices
The company benefited from the run-up in oil prices following the start of the war in Iran.
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TotalEnergies Sells Stake in European Renewable Assets to KKR
TotalEnergies said it agreed to sell a 50% stake in European onshore solar and wind assets to private-equity firm KKR.
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OPEC, Allies Increase Oil Output for Sixth Time in a Row
The cartel nears the end of a cycle of production hikes, while potentially difficult talks over future quotas loom.
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U.A.E. Changes How It Prices Its Crude Oil Grades
The United Arab Emirates' state-oil company said that it will base its official selling prices on the prompt-month Platts Dubai benchmark starting from Nov. 1.
(END) Dow Jones Newswires
August 05, 2026 11:15 ET (15:15 GMT)
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