19 Jan 2026

05:19

  • Bitumen 60/70

    369$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen 60/70

    369$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen 60/70

    349$

    +

    -

    3$

    FOB Bandar Abbas - Jumbo Bag

    0%

  • Bitumen 60/70

    336$

    +

    -

    3$

    FOB Bandar Abbas - Flexitank

    0%

  • Bitumen VG10

    360$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen VG30

    361$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen VG40

    363$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen C170

    364$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen C320

    363$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen AH70

    353$

    +

    -

    3$

    FOB Bandar Abbas - Jumbo Bag

    0%

  • Bitumen PG 76-10

    541$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen 200/300

    359$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0%

  • Bitumen Oxidized 115/15

    361$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0%

  • Bitumen Oxidized 105/15

    323$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0%

  • Bitumen Oxidized 85/25

    325$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0%

  • Bitumen Oxidized 95/25

    325$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0%

  • Bitumen Emulsion CRS-1

    507$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0%

  • Bitumen Emulsion K1-60

    507$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0%

  • Bitumen Emulsion CRS-2

    550$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0%

  • Bitumen Cutback MC70

    561$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0%

  • Bitumen Cutback MC30

    576$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0%

  • Bitumen Cutback MC250

    547$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0%

  • HSFO CST 180

    316$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    -0.3%

  • HSFO CST 380

    313$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    -0.6%

  • HSFO CST 180

    340$

    +

    -

    5$

    FOB Singapore - Bulk

    -0.6%

  • HSFO CST 380

    337$

    +

    -

    5$

    FOB Singapore - Bulk

    -0.9%

  • Crude Oil Dubai

    59.83$

    +

    -

    5$

    FOB UAE - Bulk

    -0.6%

  • Crude Oil WTI

    57.22$

    +

    -

    5$

    Texas - Bulk

    -0.3%

  • Crude Oil Brent

    60.71$

    +

    -

    5$

    London - Bulk

    -0.3%

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Bitumen Price Articles

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U.S. Reopens Venezuela’s Oil Spigot, but Refuses to Guarantee Security

Time to read: 30 second

Writer: codarx

U.S. officials told oil executives on Wednesday that Washington will not provide security guarantees for companies operating in Venezuela, even as the Trump administration encourages the industry to re-engage with the country’s oil sector.  According to people familiar with the discussions, senior administration officials said companies would be expected to manage their own physical and...

2026/01/22

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New $2.5 Billion Agency Will Boost U.S. Critical Mineral Production

Time to read: 30 second

Writer: codarx

A bipartisan group of lawmakers has proposed creating a new $2.5 billion agency to accelerate U.S. production of rare earths and other critical minerals, according to AP and MSN.  The effort comes as the Trump administration has already taken aggressive steps to weaken China’s control over materials vital to high-tech products, electric vehicles, and advanced...

2026/01/22

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EIA Confirms Crude Oil Inventory Builds in US

Time to read: 30 second

Writer: codarx

Crude oil inventories in the United States increased by 3.6 million barrels during the week ending January 21, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The increase brings commercial stockpiles to 426 million barrels according to government data, which is still 2% below the five-year average for this...

2026/01/22

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Trump Takes Aim at Britain’s Net Zero Agenda in Davos Tirade

Time to read: 30 second

Writer: codarx

The UK’s net zero policies were singled out in President Trump’s long tirade against European energy struggles at the World Economic Forum in Davos.  President Trump described the UK economy’s struggles in stark terms, suggesting that the Labour government had disregarded “one of the greatest reserves in the world” at the North Sea.  In his...

2026/01/22

Read More
U.S. Establishes Fund to Control All Venezuelan Oil Revenue

Time to read: 30 second

Writer: codarx

U.S. President Donald Trump supervises the release of funds from sales of Venezuela’s oil, an official at the U.S. Administration told Semafor on Thursday.   Following the capture of Venezuelan leader Nicolas Maduro early this month, President Trump moved to create a fund to hold revenues from sales of Venezuela’s oil.  The money is being held...

2026/01/22

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Chevron-Led Tengiz Oilfield Offline for Another Week After Fire

Time to read: 30 second

Writer: codarx

Kazakhstan’s Tengiz oilfield will remain offline for at least another seven to ten days following the fire-related shutdown announced earlier this week, extending an outage at one of the world’s most important non-OPEC crude producers, Reuters reported.  Production at Tengiz was halted after fires broke out at a power facility supplying the field, forcing operators...

2026/01/21

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The Real Reason Washington Wants Venezuela’s Oil

Time to read: 30 second

Writer: codarx

The timeline of the US–Venezuela conflict highlights a long-term strategy centered on securing heavy crude supplies for US Gulf Coast refineries, which are configured to process heavy sour barrels and benefit from Venezuela’s ability to deliver crude over short lead times. This will reduce reliance on Middle Eastern high-sulfur fuel oil (HSFO) for the US....

2026/01/21

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Chevron Looks to Finalize Sale of Singapore Assets by March

Time to read: 30 second

Writer: codarx

U.S. supermajor Chevron expects to finalize this quarter a planned sale of its stake in a Singaporean refinery and distribution assets in wider Asia, Reuters reported on Wednesday, quoting multiple sources familiar with the development. Last year, Chevron was said to have invited non-binding bids from potential buyers of its 50% stake in a refinery...

2026/01/21

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Halliburton Beats Q4 Estimates as International Revenue Soars

Time to read: 30 second

Writer: codarx

Halliburton reported fourth-quarter earnings that beat expectations, as international activity continued to offset weak conditions in North America, according to results published by Reuters on Tuesday. The oilfield services provider posted adjusted profit of 69 cents per share for the quarter ended December 31, above the 55-cent consensus compiled by LSEG, even as profit slipped...

2026/01/21

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