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01 Jul 2025

22:05

Bitumen 60/70

346$

+

-

3$

Iran - Bulk

0%
Bitumen 60/70

403$

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-

3$

Iran - New Steel Drum

0%
Bitumen 60/70

403$

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-

3$

Iran - New Steel Drum

0%
Bitumen 60/70

389$

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-

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$

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-

3$

Iran - New Steel Drum

0%
Bitumen VG40

402$

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-

3$

Iran - New Steel Drum

0%
Bitumen C170

403$

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-

2$

Iran - New Steel Drum

0%
Bitumen C320

402$

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-

3$

Iran - New Steel Drum

0%
Bitumen AH70

396$

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-

3$

Iran - Jumbo Bag

0%
Bitumen PG 76-10

407$

+

-

3$

Iran - New Steel Drum

0%
Bitumen 200/300

399$

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-

3$

Iran - New Steel Drum

0%
Bitumen Oxidized 115/15

371$

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-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 105/15

371$

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-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 85/25

371$

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-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 95/25

373$

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-

2$

Iran - Carton 25KG

0%
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$

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-

5$

Iran - Reconditioned Drum

0%
Bitumen Cutback MC30

625$

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-

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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LNG Shipping Costs Soar to 8-Month High Amid Middle East Turmoil

Time to read: 30 second

Writer: codarx

LNG shipping costs have surged to the highest in eight months as shipowners assess Middle East risks and hold off chartering vessels, reducing available ships, while price signals in Asia are favoring cargoes going to the Pacific market. Both the Atlantic and Pacific freight rates jumped on Monday to their highest levels since October 2024,...

Publish Date: 2025/06/24

U.S. Electricity Prices Soar Amid Strong Summer Demand

Time to read: 30 second

Writer: codarx

U.S. wholesale electricity prices are rising fast amid forecasts for summer heat that will drive demand higher, especially in the East. Prices in Boston topped $400 per MWh at one point on Tuesday, Reuters reported, up from $50 per MWh earlier in the day. According to grid operator PJM Interconnection, which is the largest in...

Publish Date: 2025/06/24

China Cuts Coal Imports on Oversupply

Time to read: 30 second

Writer: codarx

China has reduced its coal imports and increased exports on ample supply of the commodity, Bloomberg has reported, citing a 13% increase in outbound coal shipments from the country in the first five months of the year. China exported 2.5 million tons of coal between January and May, with the bulk going to Japan, Indonesia,...

Publish Date: 2025/06/24

Oil Tankers on Edge in the Strait of Hormuz

Time to read: 30 second

Writer: codarx

After U.S. airstrikes on Iran, some oil tankers did U-turns, paused, or avoided spending even a minute longer than necessary when crossing the Strait of Hormuz—the world’s most vital oil flow chokepoint. Iran has hinted that it may block the Strait in retaliation. At least two supertankers made U-turns at the Strait of Hormuz since...

Publish Date: 2025/06/23

Eni Sells 20% in Its $14-Billion Low Carbon Business Plenitude

Time to read: 30 second

Writer: codarx

Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8 billion (12 billion euros). Under the agreement, global alternative investment manager Ares Management will buy 20% in Plenitude for $2.3 billion (2 billion euros), Eni...

Publish Date: 2025/06/23

Iran Vows to “End This War”

Time to read: 30 second

Writer: codarx

Iran on Monday vowed to retaliate against the U.S. strikes on Iranian nuclear facilities, claiming the U.S. attacks expand the scope for the Iranian military to respond. “Mr Trump, the gambler, you may start this war, but we will be the ones to end it,” Ebrahim Zolfaqari, a spokesperson for Iran’s Khatam al-Anbiya central military...

Publish Date: 2025/06/23

UK Government Promises to Cut Industrial Energy Bills

Time to read: 30 second

Writer: codarx

The Starmer government has promised it would reduce industrial users’ electricity bills by up to 25% from 2027 as part of its energy strategy, due to be released this week. How the cuts will be implemented has not been made clear for the time being, except a statement saying energy intensive industries will be made...

Publish Date: 2025/06/23

Oil Markets on Edge as Iran Vows Retaliation

Time to read: 30 second

Writer: codarx

U.S. airstrikes on Iranian territory have sharply raised fears of retaliation that could target key oil infrastructure and shipping lanes. The Strait of Hormuz, a critical oil transit chokepoint, is at the center of concerns over potential supply disruptions. Oil prices initially spiked but remain volatile as markets closely watch for Iran’s next move and...

Publish Date: 2025/06/23

Oil Prices Poised to Soar After U.S. Attacks Iran Facilities

Time to read: 30 second

Writer: codarx

In a dramatic escalation of Middle East tensions, the United States launched targeted strikes on three Iranian nuclear facilities—Natanz, Isfahan, and Fordo—late Saturday, prompting fears of soaring oil prices, market volatility, and a deepening U.S. role in the region’s conflict. President Donald Trump, announcing the attack on Truth Social and in a televised address, hailed...

Publish Date: 2025/06/22