The Cyprus cabinet has finally approved, just days before crucial parliamentary elections, the development and production plan for the 3.1 tcf Cronos gas field, paving the way for partners Eni and TotalEnergies
By Krzysztof Kamiński Inflation in the largest eurozone economies likely rose in May or remained at an elevated level, with data from France, Italy, Germany and Spain crucial in assessing whether the
Escalating disruptions across key Middle East maritime corridors are tightening world energy supply and keeping a higher risk premium embedded in crude markets, impacting economic growth for oil importing countries, according to
The benchmark US crude oil West Texas Intermediate (WTI) remained on the back foot for the third consecutive day and trades around mid-$96.00s during the Asian session on Friday. The commodity, however,
SpaceX’s IPO filing – the biggest in history – shows AI’s next trillion-dollar trade is infrastructure, not software, affirms the CEO of financial advisory giant deVere Group. SpaceX is preparing a major
By Chris Michael The completion of the term of the American Ambassador to the Republic of Cyprus, Julie Davis, marks the end of a particularly productive period in Cyprus-U.S. relations, which are
The EURUSD pair struggles to capitalise on the previous day’s bounce from the 1.1585-1.1580 region, or its lowest level since April 7, and seesaws between tepid gains and minor losses during the
Gold consolidates losses at nearly seven-week lows below $4,500 on Wednesday, trading at $4,478, as the DXY Dollar Index tests six-week highs at the 99.45 area. Safe-haven flows on concerns about further
The US dollar is holding positive ground near 99.15 in early European trading on Tuesday, bolstered by the unclear geopolitical situation. Traders digested President Donald Trump’s announcement that he would “hold off” an attack
Silver accelerated its reversal on Tuesday, trading in Europe at $84.80, after dropping two-month highs right above $87.00 earlier in the day. The XAGUSD pair snapped a 4-day rally, weighed down by
