Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
US crude oil inventories unexpectedly surged by 10.263 million barrels according to the API, a significant deviation from analyst expectations of a 1.3 million barrel draw. This build follows a previo
A Greek-controlled oil tanker has traversed the Strait of Hormuz. This is significant because the Strait is a critical chokepoint for global oil supplies, and a
The Turkish Cypriot administration has formally expressed its strong disapproval of the recent natural gas development agreement signed between the Republic of
Oil prices decreased due to emerging signals of de-escalation between Iran and the US, overshadowing concerns about existing supply disruptions. The market reac
Guyana's rapid oil production growth, reaching over 900,000 barrels per day in just four years, is significantly impacting the energy landscape of the Americas.