Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Oil prices remained stable due to counteracting forces: a decrease in US oil inventories and persistent geopolitical tensions in the Middle East. The US inventory drawdown suggests increased demand or
Bank of America reported a 16% increase in gas spending among its customers in March, coinciding with heightened geopolitical tensions related to the potential
Norway's oil export earnings jumped nearly 68% in March due to significantly higher global oil prices. This surge was triggered by the Iran war and the closure
The article describes a hypothetical scenario where negotiations to end the Iran war have failed, the Strait of Hormuz is closed, and the US military has blocka
President Trump issued a 60-day waiver for the Jones Act to alleviate oil price pressures resulting from supply disruptions caused by the Strait of Hormuz closu