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17 Jun 2025

09:38

Bitumen 60/70

346$

+

-

3$

Iran - Bulk

0.6%
Bitumen 60/70

403$

+

-

3$

Iran - New Steel Drum

0.2%
Bitumen 60/70

403$

+

-

3$

Iran - New Steel Drum

0.2%
Bitumen 60/70

389$

+

-

3$

Iran - Jumbo Bag

0.8%
Bitumen 60/70

377$

+

-

3$

Iran - Flexitank

0.8%
Bitumen VG10

399$

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-

3$

Iran - New Steel Drum

0.8%
Bitumen VG30

399$

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-

3$

Iran - New Steel Drum

0.8%
Bitumen VG40

402$

+

-

3$

Iran - New Steel Drum

0.7%
Bitumen C170

403$

+

-

2$

Iran - New Steel Drum

0.5%
Bitumen C320

402$

+

-

3$

Iran - New Steel Drum

0.7%
Bitumen AH70

396$

+

-

3$

Iran - Jumbo Bag

0.8%
Bitumen PG 76-10

407$

+

-

3$

Iran - New Steel Drum

1.0%
Bitumen 200/300

399$

+

-

3$

Iran - New Steel Drum

-0.3%
Bitumen Oxidized 115/15

371$

+

-

3$

Iran - Carton 25KG

0.5%
Bitumen Oxidized 105/15

371$

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-

3$

Iran - Carton 25KG

0.5%
Bitumen Oxidized 85/25

371$

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-

3$

Iran - Carton 25KG

0.5%
Bitumen Oxidized 95/25

373$

+

-

2$

Iran - Carton 25KG

0.5%
Bitumen Emulsion CRS-1

494$

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-

5$

Iran - Reconditioned Drum

0%
Bitumen Emulsion K1-60

528$

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-

6$

Iran - Reconditioned Drum

0%
Bitumen Emulsion CRS-2

541$

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-

5$

Iran - Reconditioned Drum

0%
Bitumen Cutback MC70

615$

+

-

5$

Iran - Reconditioned Drum

0%
Bitumen Cutback MC30

625$

+

-

5$

Iran - Reconditioned Drum

0%
Bitumen Cutback MC250

595$

+

-

5$

Iran - Reconditioned Drum

0%
HSFO CST 180

462$

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-

5$

Iran - Bulk

0%
HSFO CST 380

462$

+

-

5$

Iran - Bulk

0.2%
HSFO CST 180

486$

+

-

5$

Singapore - Bulk

0.4%
HSFO CST 380

486$

+

-

5$

Singapore - Bulk

0.6%
Crude Oil Dubai

75$

+

-

5$

United Arab Emirates - Bulk

4.0%
Crude Oil WTI

74$

+

-

5$

United States - Bulk

4.1%
Crude Oil brent

72$

+

-

5$

United Kingdom - Bulk

0%

Bitumen Price Articles

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China’s Shipments of Rare Earth Magnets Tumble Amid Export Control

Time to read: 30 second

Writer: codarx

China saw its shipments of rare earth magnets to foreign markets crash by 53% in May to the lowest level for any month since February 2020, according to data from the General Administration of Customs cited by Reuters. At the beginning of April, China announced it would curb its exports of dysprosium, gadolinium, scandium, terbium, samarium, yttrium, and...

Publish Date: 2025/06/20

Equinor’s New Arctic Field Reaches Peak Oil Production

Time to read: 30 second

Writer: codarx

The Johan Castberg oilfield in the Barents Sea has reached full capacity of 220,000 barrels per day (bpd), operator Equinor said on Friday, noting that peak capacity has been reached just three months after the field in Norway’s Arctic waters came on stream. Seventeen of a total of 30 wells have now been completed. The...

Publish Date: 2025/06/20

MEG Energy Seeks Alternatives After Rejecting $4.4-Billion Bid From Strathcona

Time to read: 30 second

Writer: codarx

Canada’s Strathcona Resources supports MEG Energy in its process to explore potential mergers after MEG recommended that shareholders reject a $4.4 billion (C$6 billion) takeover offer from Strathcona. Last month, Strathcona, MEG’s second-largest shareholder with about 9%, made an offer to acquire MEG Energy for the equivalent of some $4.4 billion in cash and stock....

Publish Date: 2025/06/20

Israel in Control as Trump Wavers Over Iran Intervention

Time to read: 30 second

Writer: codarx

Israel is in control. The U.S. is not, because it currently has no foreign policy to speak of. It is entirely reactionary, which means what happens next is impossible to predict. It will be based on mood, age, and ego, not foreign policy. This is an Israeli war, the end game of which is to...

Publish Date: 2025/06/20

Mozambique Ready to Lift Force Majeure on LNG Plant

Time to read: 30 second

Writer: codarx

The government of Mozambique is ready to lift the force majeure imposed on TotalEnergy’s LNG project in the country as soon as the company applies for this, the country’s energy minister said. Noting that the security environment in the area had improved considerably, Estevao Pale said that “We, as government, are doing everything that we...

Publish Date: 2025/06/20

Russia Eyes Joint Effort to Steady Shaky Oil Prices

Time to read: 30 second

Writer: codarx

Russia believes that Moscow, its OPEC+ ally Saudi Arabia, and the United States could work together to stabilize the oil market if necessary, the head of Russia’s sovereign wealth fund told Reuters on Thursday. “There was an example when (Russian) President Putin, (U.S.) President Trump and (Saudi) Crown Prince Mohammed bin Salman played a key...

Publish Date: 2025/06/19

Chevron Explores Sale of Singapore Refinery Stake

Time to read: 30 second

Writer: codarx

As part of a push to streamline global assets and reduce costs, U.S. supermajor Chevron is inviting non-binding bids from potential buyers of its 50% stake in a refinery in Singapore, Reuters reported on Thursday, citing multiple sources with knowledge of the matter. Chevron seeks non-binding bids from potential buyers in July and has already...

Publish Date: 2025/06/19

Middle East Conflict Sparks Exodus of Foreign Oil Personnel

Time to read: 30 second

Writer: codarx

Several foreign experts working with oil companies in Iraq have recently left the country amid the escalating Israel-Iran conflict, Shafaq News reported on Thursday, citing a senior source in the industry. “Certain nationalities, especially British experts, have also exited Iraq,” the source told Shafaq News, “yet continue to receive full salaries despite their absence from...

Publish Date: 2025/06/19

Chinese Firm Secures Key Gas Block in Algeria

Time to read: 30 second

Writer: codarx

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the firm has said. Algeria’s National Agency for the Valorization of Hydrocarbon Resources, ALNAFT, has awarded the Chinese firm an exploration contract for the Zerafa II...

Publish Date: 2025/06/19