Brent Crude Remains Below $80 as Investors Await Outcome of Iran-Oman Negotiations

Oil prices ticked higher in early trading, but Brent crude remained below $80 a barrel as investors await the outcome of talks to reopen the Strait of Hormuz.

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.

Siemens Energy Orders Reach Record Highs on U.S. Data-Center Demand