Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Chinese independent refiners, commonly known as 'teapots', are capitalizing on a downturn in global physical crude benchmarks to secure spot cargoes of Middle Eastern oil. This shift highlights a tact
Iran is facing severe difficulties in clearing its floating storage of crude oil as the temporary 60-day grace period granted by the United States nears its end
Iran is facing a significant buildup of unsold crude oil in floating storage off its coast, even as it attempts to maintain a pricing premium on its exports. Th
Saudi Aramco's departure from its traditional long-term contract model to sell millions of barrels of crude on the spot market signals a tactical shift in Riyad
The landmark agreement between Syria's state-owned oil firm and Western energy majors marks a highly controversial geopolitical shift in the Middle East's energ