New Steel Drum Bitumen Price November 2021
Months | 1st Week | 2nd Week | 3rd Week | 4th Week |
November | 475-485 | 455-465 | 455-465 | 440-450 |
Bulk Bitumen Price November 2021
Months | 1st Week | 2nd Week | 3rd Week | 4th Week |
November | 380-390 | 375-385 | 375-382 | 375-385 |
Pasargad Embossed Bitumen Price November 2021
Months | 1st Week | 2nd Week | 3rd Week | 4th Week |
November | 485-495 | 465-475 | 465-475 | 460-470 |
Jey Embossed Bitumen Price November 2021
Months | 1st Week | 2nd Week | 3rd Week | 4th Week |
November | 485-495 | 465-475 | 465-475 | 460-470 |
Bitumen price November 2021
Bitumen price November 2021
As the title show, in this article, we tend to discuss the bitumen price November 2021 and the oil price fluctuations respectively. Generally
speaking, China’s Global Times reported that Beijing may help Washington curb rising commodity prices and fears of inflation by releasing its crude
reserves, but the United States should reciprocate to create a better environment for Cooperation between China and the United States
should work sincerely, especially by refraining from baseless pressure and repression of China in areas that do not need Beijing’s help.
“Biden” decision to control oil prices
To be more specific, US President Joe Biden announced on Tuesday that the Department of Energy would release 50 million barrels of crude oil from US strategic oil reserves to lower prices for Americans and address supply-demand mismatches. Biden, who has been described by some media outlets as the most challenging political move before him,
Meanwhile, during a recent virtual meeting with Chinese President Xi Jinping, asked him to take a similar step to help Beijing.
But , The Global Times reports that China has not yet responded to the US request,but Reuters recently claimed, citing specific sources from China’s State Reserve, that Beijing was seeking to release its crude oil reserves. In other words,
However, the report goes on to say that Biden’s request for Chinese support in this regard reflects his “anxiety” as he seeks to avoid political pressure from rising gasoline and another consumer spending in the run-up to the 2022 midterm elections in the United States.
As noted at the beginning of the report, China’s cooperation in this area depends on US friendly behavior, but Washington pursues its
“Indo-Pacific” hostile policy to create tension in this vast and energy-rich region, despite claims of Respect for the principle of a united China seeks to divide and support separatist movements in Taiwan and Hong Kong.
Oil and bitumen price November 2021 hit a seven-week low
According to the Ministry of Petroleum, the ultimate price of the Brent crude index on Friday (November 28) was $78.89 and the price of the
US WB index was $75.94. To be more specific, crude fell to a seven-week low today, pushing up on the previous trading, and citing concerns
over oversupply following Japan’s announcement of declining oil stocks and worries about declining demand
due to escalating Coronavirus outbreaks in Europe.
“Austria quarantined earlier this month,while Germany is ready to agree to force telecommuting,
” analysts at the Bank of Australia (ANZ) said in a note.