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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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OilPrice·Apr 10·1 min read

Oil Prices Climb Toward $100 as Iran Ceasefire Doubts Deepen

Oil prices are rising, with WTI approaching $100 and Brent nearing $96, driven by renewed regional attacks and increasing skepticism about the Iran ceasefire's stability. These factors are contributin

Standard Chartered: Oil Price Correction Is Likely Overdone

Oil prices have experienced a significant correction, with Brent and WTI crude futures falling to the mid-$90s per barrel. Standard Chartered believes this corr

OilPrice·Apr 10

Shale Play Pushes Argentina Oil Output To All-Time High

Argentina's oil production has reached an all-time high due to increased shale play activity. This increase in supply is now viewed positively in the context of

OilPrice·Apr 9

Europe’s Gas Market Faces a Brutal Storage Refill Season

European natural gas prices have decreased from recent highs due to reduced winter withdrawals and potential geopolitical easing with a US-Iran ceasefire. Howev

OilPrice·Apr 9

Saudi Oil Output and Key Pipeline Hit as Attacks Cut Supply

Missile and drone attacks in Saudi Arabia have disrupted oil production and pipeline operations, reducing output capacity by 600,000 bpd and pipeline flows by 7

OilPrice·Apr 9
Apr 9

Why Banning Crude Exports Would Make Gasoline More Expensive, Not Less

Apr 9

Crude Climbs as Hormuz Disruptions Persist

Apr 9

Big Tech Is Quietly Fueling a Natural Gas Boom

Apr 9

Fervo Locks In 1.7 GW Turbine Supply as Geothermal Ambitions Accelerate

Apr 9

Egypt to buy all Aphrodite gas output from Cyprus

Apr 9

Mexico’s Sheinbaum Weighs Fracking Return to Cut U.S. Gas Dependence

Apr 9

Israel Restarts Second Offshore Gas Field After U.S.-Iran Ceasefire

Apr 9

Why Oil Markets Remain on Edge Despite Ceasefire

Apr 9

New oil discovery comes to light in Gulf of America