---
title: "Dow Jones Top Energy Headlines at 4 AM ET: Brent Crude Remains Below $80 as Investors Await Outcome of Iran-Oman Negotiations | Abu ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295076998.md"
description: "Energy sector headlines highlight mixed oil futures as investors await Strait of Hormuz negotiation outcomes. Saudi Aramco and Diamondback Energy reported surging profits due to high crude prices, while Adnoc Distribution's profit nearly doubled. Siemens Energy saw record orders driven by U.S. data center demand, whereas SolarEdge stock fell on sales woes. BP plans to sell its U.S. biogas unit amid rising profits, and Base Power achieved a $13 billion valuation in battery storage."
datetime: "2026-08-06T08:28:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295076998.md)
  - [en](https://longbridge.com/en/news/295076998.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295076998.md)
---

# Dow Jones Top Energy Headlines at 4 AM ET: Brent Crude Remains Below $80 as Investors Await Outcome of Iran-Oman Negotiations | Abu ...

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

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.

\----

SolarEdge's stock is shedding a quarter of its value as sales woes trump AI progress

The company faces challenges in Europe, which led to a weaker-than-expected revenue forecast.

\----

Energy & Utilities Roundup: Market Talk

Find insight on oil futures, U.S. natural gas futures, Seatrium and more in the latest Market Talks covering energy and utilities.

\----

Oil Futures Settle Mixed as Iran Says Hormuz Route Agreed With Oman

Oil futures ended mixed after Iran said it has agreed with Oman on a shipping route through the Strait of Hormuz, but that safe passage will depend on third parties not obstructing the process, an apparent reference to the U.S.

\----

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.

\----

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.

\----

Hormuz Opening Uncertain After New Strike

A ship moving through the Strait of Hormuz was struck as talks to open the waterway continued.

\----

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.

\----

Trump Blasts Big Oil Companies for 'Making Too Much Money'

The president called out ExxonMobil and Chevron for record profits amid high oil prices.

\----

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.

(END) Dow Jones Newswires

August 06, 2026 04:15 ET (08:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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