Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Traders have significantly increased their short positions on crude oil, investing nearly $1 billion in a leveraged ETF (SCO) betting on a price collapse. Despite this large bearish bet, the ETF exper
GTT has secured a future order from Hanwha Ocean for the design of cryogenic tanks for two new 174,000 cubic meter Liquefied Natural Gas (LNG) carriers, signali
The article reports that a hypothetical war with Iran and the closure of the Strait of Hormuz are stranding Middle Eastern oil exports. This disruption is placi
Oil prices fell by 2% following President Trump's indication that the U.S. might soon reduce its military presence in Iran and his criticism of NATO's support i
The article reports an alleged Israeli attack on an Iranian port, highlighting the vulnerability of the Caspian Sea trade route used by Russia and Iran. This ro