Iran’s bitumen prices jumped by 30 USD following the introduction of a new regulation on October 25, with uncertain implications for exports. On Wednesday, and following […]
Rising crude oil and fuel prices are likely to lead to an increase in Iran’s vacuum bottom production. The market is under significant pressure due to […]
Hamas’ attack on Israel on October 7th disrupted the Middle East’s balance of power and had significant global impacts On October 7th, the Middle East saw […]
Iran’s market faced a tough week with rising production costs, increased export product prices, limited competition, etc. According to the EIA report, the annual oil reserves […]
Oil prices rose above 94 USD per barrel in 2023, driven by reduced production in Russia and Saudi Arabia, alongside increased Chinese demand. The price of […]