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01 Jul 2025

01:03

Bitumen 60/70

346$

+

-

3$

Iran - Bulk

0%
Bitumen 60/70

403$

+

-

3$

Iran - New Steel Drum

0%
Bitumen 60/70

403$

+

-

3$

Iran - New Steel Drum

0%
Bitumen 60/70

389$

+

-

3$

Iran - Jumbo Bag

0%
Bitumen 60/70

377$

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-

3$

Iran - Flexitank

0%
Bitumen VG10

399$

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-

3$

Iran - New Steel Drum

0%
Bitumen VG30

399$

+

-

3$

Iran - New Steel Drum

0%
Bitumen VG40

402$

+

-

3$

Iran - New Steel Drum

0%
Bitumen C170

403$

+

-

2$

Iran - New Steel Drum

0%
Bitumen C320

402$

+

-

3$

Iran - New Steel Drum

0%
Bitumen AH70

396$

+

-

3$

Iran - Jumbo Bag

0%
Bitumen PG 76-10

407$

+

-

3$

Iran - New Steel Drum

0%
Bitumen 200/300

399$

+

-

3$

Iran - New Steel Drum

0%
Bitumen Oxidized 115/15

371$

+

-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 105/15

371$

+

-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 85/25

371$

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-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 95/25

373$

+

-

2$

Iran - Carton 25KG

0%
Bitumen Emulsion CRS-1

494$

+

-

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

389$

+

-

5$

Iran - Bulk

-2.6%
HSFO CST 380

380$

+

-

5$

Iran - Bulk

-3.9%
HSFO CST 180

412$

+

-

5$

Singapore - Bulk

-2.7%
HSFO CST 380

403$

+

-

5$

Singapore - Bulk

-4.0%
Crude Oil Dubai

65$

+

-

5$

United Arab Emirates - Bulk

-1.5%
Crude Oil WTI

65$

+

-

5$

United States - Bulk

0%
Crude Oil brent

72$

+

-

5$

United Kingdom - Bulk

0%

Bitumen Price Articles

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AI Power Use Spikes Are Threatening Grid Stability

Time to read: 30 second

Writer: codarx

Power consumption spikes from AI data centers are making grids more volatile, a senior executive from Hitachi Energy has warned. “AI data centres are very, very different from these office data centres because they really spike up,” Andreas Schierenbeck told the Financial Times in an interview. “If you start your AI algorithm to learn and...

Publish Date: 2025/07/04

Libya Fixes Leak on Crude Oil Pipeline Linked to Top Refinery

Time to read: 30 second

Writer: codarx

Arabian Gulf Oil Company (AGOCO), wholly owned by the National Oil Corporation of Libya, has completed repairs on a crude oil pipeline where a leak was detected at the end of May. AGOCO completed the repairs on the Hamada-Zawiya crude oil pipeline, the company said on Thursday, as carried by Reuters. Zawiya, which lies 25...

Publish Date: 2025/07/03

India Raises Alarm Over U.S. Plan to Slap 500% Tariff on Russian Oil Importers

Time to read: 30 second

Writer: codarx

India is concerned with a U.S. Senator’s proposal to slap a 500% tariff on goods imported in America from countries buying Russian oil, Indian External Affairs Minister S Jaishankar said, adding that the world’s third-largest crude oil importer has conveyed these concerns to the U.S. lawmakers. Republican Senator Lindsey Graham has proposed a bill to...

Publish Date: 2025/07/03

China Eases Tax Burden on Struggling Independent Refiners

Time to read: 30 second

Writer: codarx

The province of Shandong, the key refining hub of China’s independent refiners, has raised the tax rebates for the fuel oil imports of six local refiners, in a move to ease the downward pressure on margins and boost economic activity. The Shandong provincial government has increased the consumption tax rebates to which the refiners, also...

Publish Date: 2025/07/03

U.S. Lifts Restrictions on Ethane Exports to China

Time to read: 30 second

Writer: codarx

The Trump Administration has rescinded licensing requirements for U.S. exporters of ethane to China, paving the way to restoring the trade that was upended by the tariff row with Beijing. The U.S. Department of Commerce’s Bureau of Industry and Security rescinded on July 2 the license requirements set forth in a previous regulation from June...

Publish Date: 2025/07/03

Oil Prices Dip on Confirmation of Inventory Build

Time to read: 30 second

Writer: codarx

Crude oil prices opened weaker today following Wednesday’s release of U.S. oil inventory data that confirmed API’s estimate of a build. Regardless of the fact that the build, at 3.8 million barrels as estimated by the EIA, followed several weeks of draws, it pushed prices lower in the last trading day before the July 4th...

Publish Date: 2025/07/03

Russia’s Natural Gas Supply to Europe Drops

Time to read: 30 second

Writer: codarx

Russia’s natural gas exports to Europe via pipeline and LNG cargoes declined in the first half of 2025 from a year earlier as flows via Ukraine stopped and some buyers shunned Russian LNG. Total gas exports from Russia to Europe nearly halved to 8.33 billion cubic meters in the period January to June 2025, down...

Publish Date: 2025/07/02

Northeast Asia’s Jet Fuel Flows to Europe Surge

Time to read: 30 second

Writer: codarx

High European jet fuel prices amid fears of Middle East supply disruptions prompted oil traders to ship in June the highest volumes in a year of jet fuel from South Korea and China to Europe. These flows from Northeast Asia to Europe were estimated at a total of about 3 million barrels last month, according...

Publish Date: 2025/07/02

China Continues to Buy a Lot of Iranian Crude Oil

Time to read: 30 second

Writer: codarx

Chinese refiners continue to buy high volumes of crude oil from Iran, with first-half imports at the major port clusters estimated at nearly 1.4 million barrels per day (bpd), according to oil flow tracking data from Kpler cited by Bloomberg. Ports near industrial clusters Qingdao, Dalian, and Zhoushan are importing crude from Iran in several...

Publish Date: 2025/07/02