Orsted Says All Projects on Schedule After Impairments Hit Profit

Higher taxes and increases in long-dated U.S. interest rates-as well as last year's gains on asset sales-hurt profit.

U.S. Crude Oil Stockpiles Post Unexpected Build

Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 17.4 million barrels to 424.4 million barrels in the week ended Aug. 7 and were about 2% below the five-year average for the time of year, the EIA said

OPEC Cuts Oil-Demand Forecast Again as Hormuz Talks Stall