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…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
92.284
-3.41%
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…
Iran blacklists 45 tankers as Hormuz standoff pushes oil prices higher
Iran has blacklisted 45 tankers for breaking its rules on crossing the Strait of Hormuz, threatening fines, detention and cargo…
Iran threatens to halt all Gulf oil exports as US launches ‘economic D-Day’ sanctions
Iran has vowed to halt all oil exports from the Persian Gulf if Washington's economic pressure continues, as U.S. Treasury…
