07 Sep 2026

00:49

  • Bitumen 60/70

    424$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -0.9%

  • Bitumen 60/70

    424$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -0.9%

  • Bitumen 60/70

    404$

    +

    -

    15$

    FOB Bandar Abbas - Jumbo Bag

    -1.0%

  • Bitumen 60/70

    413$

    +

    -

    15$

    FOB Bandar Abbas - Flexitank

    0.0%

  • Bitumen VG10

    415$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -1.0%

  • Bitumen VG30

    416$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -1.0%

  • Bitumen VG40

    418$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -0.9%

  • Bitumen C170

    419$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -0.9%

  • Bitumen C320

    418$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -0.9%

  • Bitumen AH70

    408$

    +

    -

    15$

    FOB Bandar Abbas - Jumbo Bag

    -1.0%

  • Bitumen PG 76-10

    596$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -0.7%

  • Bitumen 200/300

    414$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -1.0%

  • Bitumen Oxidized 115/15

    378$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    -1.0%

  • Bitumen Oxidized 105/15

    378$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    -1.0%

  • Bitumen Oxidized 85/25

    380$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    -1.0%

  • Bitumen Oxidized 95/25

    380$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    -1.0%

  • Bitumen Emulsion CRS-1

    562$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    -0.7%

  • Bitumen Emulsion K1-60

    562$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    -0.7%

  • Bitumen Emulsion CRS-2

    605$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    -0.7%

  • Bitumen Cutback MC70

    616$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    -0.6%

  • Bitumen Cutback MC30

    631$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    -0.6%

  • Bitumen Cutback MC250

    602$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    -0.7%

  • HSFO CST 180

    508$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    -0.6%

  • HSFO CST 380

    499$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    0.2%

  • HSFO CST 180

    597$

    +

    -

    5$

    FOB Singapore - Bulk

    0.5%

  • HSFO CST 380

    588$

    +

    -

    5$

    FOB Singapore - Bulk

    1.0%

  • Crude Oil Dubai

    98.71$

    +

    -

    5$

    FOB UAE - Bulk

    11.2%

  • Crude Oil WTI

    92.31$

    +

    -

    5$

    Texas - Bulk

    0.9%

  • Crude Oil Brent

    97.21$

    +

    -

    5$

    London - Bulk

    1.0%

Home Blog Oil Slips: Iran Talks, Ukraine Blockade, and VLCC Crunch Drive Price Movement

Oil Slips: Iran Talks, Ukraine Blockade, and VLCC Crunch Drive Price Movement

codarx

codarx

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Update date: 2026/02/17

This week’s energy newsletter reviews oil and gas price shifts, U.S. rig count figures, key corporate acquisitions and discoveries, and analyzes major geopolitical events impacting global oil trade, including shipping market manipulation and rising Chinese imports of Russian crude. The oil market’s shipping segment is being rocked by a brazen attempt to corner it, with a South Korean shipping tycoon hoovering up any available VLCCs in the market.  Ga-Hyun Chung’s Sinokor Group has bought or chartered over 120 very large crude carriers…

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