Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Brent and WTI crude oil prices experienced a significant increase due to growing concerns about potential and sustained supply disruptions in the Persian Gulf. This price surge reflects market sensiti
Petrobras missed earnings estimates due to its decision to maintain stable domestic gasoline prices despite the global surge in oil prices following the war in
The Trump administration is reportedly considering a temporary suspension of the federal gas tax to alleviate pressure on consumers facing high gasoline prices.
The EIA is launching a new quarterly report on global strategic petroleum reserves and energy flows, adding another data point for oil traders to monitor. This
Major international energy firms TotalEnergies, QatarEnergy, and ConocoPhillips have initiated a preliminary technical review of offshore Block 3 near Latakia,