05 Jan 2026

14:49

  • Bitumen 60/70

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    -

    2$

    FOB Bandar Abbas - New Steel Drum

    -0.5%

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    372$

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    FOB Bandar Abbas - New Steel Drum

    -0.5%

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    352$

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    -0.6%

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    21.4%

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    363$

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    -0.6%

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    364$

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    366$

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    356$

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    -0.6%

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    544$

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    3$

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    -0.4%

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    362$

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    FOB Bandar Abbas - New Steel Drum

    -0.6%

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    -0.5%

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    326$

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    -0.6%

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    328$

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    -0.6%

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    328$

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    FOB Bandar Abbas - Carton 25KG

    -0.6%

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    FOB Bandar Abbas - Reconditioned Drum

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    510$

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    -0.4%

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    550$

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    340$

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  • Crude Oil Brent

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    London - Bulk

    -0.3%

Home Blog Forget OPEC Warnings The Real Oil Shock Is Happening Inside Russia

Forget OPEC Warnings The Real Oil Shock Is Happening Inside Russia

codarx

codarx

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Update date: 2025/09/26

While the world is watching the UN General Assembly discussions on Gaza-Israel, hybrid warfare in Europe (drones) and Trump, global oil markets are showing increased instability, as Ukrainian drones are destroying key oil and gas infrastructure inside of Russia. Over the last few weeks, a tsunami of reports has been published about a possible oil glut in the coming months or years, supported by OPEC-8 decisions to increase the export ceiling. However, reality in the market shows a different picture. Until now, no real crude oil price crash is showing;…

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