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 […]
Iran experienced a substantial 38% price surge in vacuum bottom following pricing adjustments last week. Refinery competition also increased by around 3%. Last week, India hosted […]
New Flow of Demand Bitumen season started in September but it didn’t have any prominent movement until last week. Petrochemicals markets look to be finding their […]
Expect bitumen prices to rise across all markets due to container shortages, the conclusion of the monsoon season in most regions, soaring crude oil prices, and […]
A New Rising Trend There was a market twist last week. While there were whispers about a possible drop, prices suddenly showed a potential to increase. […]