13 Mar 2025

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Contradiction of Price Direction in Different Regions
Contradiction of Price Direction in Different Regions

Time to read: 1 minutes

Writer: Shirin Yousefi

Oil Sudden PlungeAfter more than 9 days, the final results of the US Senate and House of Representatives elections were released, with Democrats winning the Senate and Republicans winning the House. On November 16, Donald Trump also announced his candidacy for the next presidential elections. However, these political changes did not have a significant impact...

2022/11/20

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Surprised Markets and Traders
Surprised Markets and Traders

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Oil Confusion While the dollar was climbing new peaks and oil was falling for months, traders imagined that the trend is changed. Yet they saw that oil started increasing with the dollar coming down. It was drawing hope to the crude market, that last week changed many minds. Last week, the dollar index decreased by...

2022/11/15

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Hoping for a Positive Wave in 2022 Exports
Hoping for a Positive Wave in 2022 Exports

Time to read: 1 minutes

Writer: Shirin Yousefi

Senate Election of the United States The United States Senate elections took place in the absence of the red Republican storm or the strong support of the blue Democrats, and it looks like the Senate is Republican-led, and that will usually happen at any period. However, it is unclear how the outcome of this election...

2022/11/13

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Growth of Crude and Petroleum Products
Growth of Crude and Petroleum Products

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Fuel Hike The US election for the House of Representatives is happening and it can have major effects on the next US presidential election and the Middle East. Republicans and Democrats are in a battle today to win the seats. Meanwhile, fuel and bitumen prices increased in Singapore and the Middle East. Possible tensions, supply...

2022/11/08

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Expectations After a Prolonged Recession
Expectations After a Prolonged Recession

Time to read: 1 minutes

Writer: Shirin Yousefi

Oil and Fuel RiseOn the 253rd day of Russia’s war against Ukraine, Russia fired more than 50 rockets across Ukraine, including Kyiv, in an attempt to destroy its infrastructure. In addition, Putin suspended grain exports from Ukraine. On the other hand, it seems that after the appointment of Xi Jinping as Chinese President and Rishi...

2022/11/06

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Political Events Are Powerful Players
Political Events Are Powerful Players

Time to read: 1 minutes

Writer: Shirin Yousefi

More ComplexityTwo major political incidents have been observed over the past week whose long-term effects on the global economy need to be tracked. In the last meeting of the Communist Party of China, Xi Jinping was named president of China for the third time. However, China’s future economic outlook does not look promising in 2022...

2022/10/30

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Fears are Keeping Prices Down
Fears are Keeping Prices Down

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Chaos Everywhere The week was almost steady for oil prices. Fuel, in Singapore, decreased but bitumen went up. The contradiction has surprised many but it is the market reality. The chaos is not only restricted to oil and bitumen. Oil is affected by the fears of the recession at the moment. But many bullish factors...

2022/10/25

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The Market Passed Quiet Days
The Market Passed Quiet Days

Time to read: 1 minutes

Writer: Shirin Yousefi

Crude Oil Uncertainty As the title shows, the market has seen quiet days over the past week and the difference between the lowest and highest price of crude oil has been around USD 2 and has fluctuated in the USD 91-93 range. The HSFO CST180 FOB Singapore average also remained virtually unchanged at the USD...

2022/10/23

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Intensified Vibes of Recession
Intensified Vibes of Recession

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Conflicts of Ideas Crude oil prices, as reported in last week’s bitumen review, decreased throughout the week. Economic news reports, China’s demand obstacles, and the confusing atmosphere of the world boosted the fall. Crude oil almost retreated about half of the growth it had in the week before. Bitumen markets, on the other hand, showed...

2022/10/18

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