Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The paper-driven oil futures market is exhibiting a dangerous disconnect from physical supply realities, ignoring the prolonged closure of the Strait of Hormuz which has sidelined roughly 13 million b
The latest American Petroleum Institute data reveals a massive, larger-than-expected drawdown in US crude inventories, yet global oil benchmarks have remained l
Iraq is facing a critical economic deadline on July 27, 2023, as the temporary agreement governing its northern crude export pipelines through Turkey is set to
Global crude benchmarks have experienced a sharp downward correction, defying active supply disruptions that would typically bolster prices. This decoupling of
The Bureau of Land Management's initiation of a scoping period for a massive 126,744-acre lease sale in Colorado represents a significant federal land offering