Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The article claims the Strait of Hormuz has been closed for over a month, disrupting a significant portion of global oil and gas transit. This disruption is purportedly accelerating the energy transit
US crude oil inventories increased by 3.719 million barrels, according to the API, exceeding analyst expectations of a draw. This build in inventories occurs am
Oil prices experienced a mixed closing due to traders reacting to contradictory information regarding Iran and potential supply disruptions. The market is exhib
Oil futures prices experienced a slight pullback on Tuesday, while physical crude markets reached record highs, indicating a disconnect between paper and physic
Eni has announced a significant new natural gas and associated condensate discovery offshore Egypt, estimated at 2 trillion cubic feet (Tcf) of gas. This find,