Shares of energy companies fell alongside oil futures amid signs of slowing global demand.
U.S. oil futures fell 1.4% to $68.35 a barrel, reflecting cuts to Saudi Arabia's Asian export guideline prices over the long weekend.
Natural gas futures fell by more than 3% to $4.57 per million British thermal units, breaking a long winning streak that had driven prices to three-year highs amid storm activity that reduced production.
Iran is refusing to allow inspectors access to nuclear-related sites and hindering a probe by the United Nations atomic agency while continuing to expand its nuclear activities, the International Atomic Energy Agency said in two confidential reports Tuesday, casting doubt on efforts to revive a nuclear pact with the U.S. and its allies.
French energy giant TotalEnergies plans to invest $27 billion in Iraq in a 25-year deal, according to people familiar with the matter, boosting its position in the country at a time when other Western companies have been rethinking their exposure.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
09-07-21 1631ET
