Bitumen News

October 1, 2023
bitumen report

Weekly Market report: An Uninhibited Rise of Oil Market in the 4th Week of September

Iran’s market faced a tough week with rising production costs, increased export product prices, limited competition, etc. According to the EIA report, the annual oil reserves […]
September 26, 2023

Weekly Bitumen Report: Crude and Petroleum Products Rising Simultaneously

New Regulations Increasing prices are still surprising market participants. In the Middle East, new regulations are hitting the market. New tax regulation has put suppliers under […]
September 24, 2023
bitumen market chart

Weekly Market report: Continuous Escalation in Global Bitumen Prices

Oil prices rose above 94 USD per barrel in 2023, driven by reduced production in Russia and Saudi Arabia, alongside increased Chinese demand. The price of […]
September 19, 2023

Weekly Bitumen Report: Buyers Excitement Rising With Crude Oil Growth

Demand Flow The market trend is still bullish and the price is growing on a daily basis. Although the bitumen season started in August, demand in […]
September 17, 2023
bitumen market report

Weekly Market report: Bitumen Prices Rally and Competition Growth in Iran’s Bitumen Market

Iran experienced a substantial 38% price surge in vacuum bottom following pricing adjustments last week. Refinery competition also increased by around 3%. Last week, India hosted […]
September 12, 2023
12-sep (1)

Weekly Bitumen Report: Strong Moves of the Price in Bitumen Season

New Flow of Demand Bitumen season started in September but it didn’t have any prominent movement until last week. Petrochemicals markets look to be finding their […]