News

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

OilPrice·Sep 11·1 min read

Debunking the Viral Claim That America Has Only 14 Days of Oil Left

Recent viral misinformation alleging that the United States faces an imminent energy collapse with just two weeks of crude remaining stems from a fundamentally flawed mathematical exercise. Online com

Jeff Currie Sees $5 Gasoline Before Midterms

Veteran commodities strategist Jeff Currie projects that United States retail gasoline prices could reach $5 per gallon ahead of upcoming midterm elections, dri

OilPrice·Sep 11

IEA Slashes Oil Demand View

The International Energy Agency has revised down its global oil demand growth expectations for the current year, cautioning that macroeconomic headwinds could t

Rigzone·Sep 11

Energy Holdings plans $1bn combination with Ventura Offshore

In an effort to expand fleet scale and capitalize on tightening offshore rig markets, Energy Holdings has entered into a non-binding letter of intent to merge w

Offshore Technology·Sep 11

WTI Breaks $100 as Middle East Supply Crisis Deepens

West Texas Intermediate (WTI) has surged past the psychological threshold of $100 per barrel, driven by escalating supply threats and logistics constraints acro

OilPrice·Sep 11
Sep 11

Energy Aspects: Oil Market Has Reached an "Inflection Point"

Sep 11

Houthis Advance on Bab al-Mandeb as Saudi Oil Route Comes Under Threat

Sep 11

Vostok Oil: One Tanker, Four Trillion Rubles

Sep 11

USA Diesel Hits $6 Per Gallon for First Time Ever

Sep 11

China's Crude Imports Set to Hold at 7.2 Million Bpd in September

Sep 11

Europe needs to stress-test the infrastructure behind its emergency oil supply

Sep 11

SED Energy Holdings and Ventura Offshore to unite into one

Sep 11

New Boskalis rock installation vessel starts work offshore Poland

Sep 11

What if the Assumptions Embedded in the Oil Curve Are Wrong?

Sep 11

Saipem Signs New Preliminary Contract for Rovuma LNG