Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The latest API data reveals a modest draw in US commercial crude inventories, marking a consecutive weekly decline that signals resilient domestic refining demand despite broader macroeconomic headwin
The United States has abruptly canceled a critical sanctions waiver that previously permitted limited global sales of Iranian crude, responding directly to a se
The projected surge in Q1 earnings for US supermajors ExxonMobil and Chevron, driven by geopolitical risk premiums, is poised to create a political headache for
The global oil market is experiencing a rapid shift in sentiment as a surge in crude exports from the Persian Gulf alleviates recent supply scarcity fears, repl
A successful Ukrainian drone strike has incapacitated Russia's massive Omsk refinery, severely disrupting the country's domestic fuel supply chain at a highly v