Oil Extends Losses as Hormuz Reopens
Crude prices extended their downward trajectory for a fourth consecutive session following a breakthrough diplomatic agreement between the United States and Iran to guarantee unhindered transit throug
Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Crude prices extended their downward trajectory for a fourth consecutive session following a breakthrough diplomatic agreement between the United States and Iran to guarantee unhindered transit throug
Equinor's advancement of the next development phase at the Johan Sverdrup field represents a critical move to sustain northwestern Europe's domestic crude suppl
Crude oil benchmarks have experienced a sharp downward correction, with Brent falling below the $79 per barrel threshold as financial traders aggressively unwin
China's crude oil refining throughput in May has plummeted to its lowest level in nearly four years, signaling a profound structural shift in the world's larges
The Norwegian Union of Energy Workers (IE&FLT) has initiated strike action targeting offshore well service companies, disrupting key technical operations on the