Freight Increase Different markets are still struggling with the concerns of shipping lines since freights have doubled or tripled for several destinations. Bitumen markets are no […]
In Iran, prices held steady in comparison to the previous week’s market. Moreover, bitumen prices in Europe remained largely unchanged. The largest exchange of prisoners between […]
2023 A Hard Year 2024 started while crude oil forecasts failed for 2023. The price roughly touched $ 100 and most petroleum markets thrived less than […]
Frequent notices from shipping lines at Jebel Ali spiked shipping costs, posing challenges for Iranian suppliers and exporters Last week, Houthi missile strikes persisted on commercial […]
Higher Freight Costs The Christmas holidays are coming and market participants are busy with their new year activities. Interestingly, bitumen and petroleum products trades are not […]
The Red Sea’s Suez Canal is key for global shipping, handling 12-15% of worldwide transport. Due to recent events, shipping costs spiked with uncertainty looming over […]