US energy major ExxonMobil last week spudded the Elektra wildcat well on Cyprus’ deepwater Block 5, the Middle East Economic Survey reported. A wildcat is a small-diameter well drilled in a new area
West Texas Intermediate (WTI) gained a firm footing near $74.00 in Monday’s European session, with the benchmark crude oil rising as the market sentiment turns cheerful after US President Donald Trump reversed
A Promising Start With a Disappointing Reality By Andreas Procopiou Six years ago, Cyprus embarked on an ambitious path towards renewable energy, aiming to harness its abundant Mediterranean sun and wind power.
The benchmark US crude oil West Texas Intermediate (WTI) is trading around $77.85 on Friday, edging lower on an expected halt to Houthi shipping attacks in the Red Sea after a ceasefire deal in the
West Texas Intermediate, the US crude oil benchmark, is trading around $78.35 on Thursday. The WTI price edged lower as improved prospects for a ceasefire between Hamas and Israel could ease geopolitical tensions
West Texas Intermediate (WTI) edged lower on Tuesday and snapped a three-day winning streak to the highest level since October 8. The benchmark commodity traded with a negative bias around the $77.00
The benchmark West Texas Intermediate (WTI) extended gains for the third consecutive session during Asian trading hours on Monday, hovering above $77.00 per barrel, near $77.46 — a level not seen since
West Texas Intermediate extended gains for the second successive session, trading around $73.90 per barrel during the European hours on Friday. Crude oil prices are bolstered by expectations of higher heating fuel
By George Moulazimis Changes in climatic conditions, such as increased temperatures, heavy rainfall and prolonged periods of drought, directly affect the natural environment, our societies and our economies. The frequency and intensity
West Texas Intermediate extends its gains for the third successive day, trading around $71.40 per barrel during the Asian session on Tuesday. Crude oil prices have maintained their gains following the release
