Exchange Rates Strong competition in the bitumen industry and the strengthening Rial against the dollar led to higher prices last week. Although these two factors were […]
Storage of crude oil and petrol decreased in America last week, indicating a positive outlook in the oil market, according to analyst John Ivans. The outlook […]
Middle East Price Increase In the last 3 weeks, bitumen prices in the Middle East have increased in several different phases. Competition on the vacuum bottom […]
Crude growth As was expected last week, demand in the Middle East continues rising and it is putting more pressure on bitumen prices. It is happening […]
Iran’s oil prices remain stable, but competition between refineries has increased, leading to a rise in vacuum bottom prices. The Shanghai Cooperation Organization (SCO) has extended […]