13 Mar 2025

15:05

  • Bitumen 60/70

    333$

    +

    -

    3$

    Iran - Bulk

    3.3%

  • Bitumen 60/70

    405$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen 60/70

    405$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen 60/70

    380$

    +

    -

    3$

    Iran - Jumbo Bag

    2.9%

  • Bitumen 60/70

    371$

    +

    -

    3$

    Iran - Flexitank

    3.0%

  • Bitumen VG10

    397$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen VG30

    397$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen VG40

    400$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen C170

    401$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen C320

    400$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen AH70

    396$

    +

    -

    3$

    Iran - Jumbo Bag

    2.8%

  • Bitumen PG 76-10

    411$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen 200/300

    400$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen Oxidized 115/15

    363$

    +

    -

    2$

    Iran - Carton 25KG

    3.0%

  • Bitumen Oxidized 105/15

    363$

    +

    -

    3$

    Iran - Carton 25KG

    3.0%

  • Bitumen Oxidized 85/25

    363$

    +

    -

    3$

    Iran - Carton 25KG

    3.0%

  • Bitumen Oxidized 95/25

    366$

    +

    -

    3$

    Iran - Carton 25KG

    3.0%

  • Bitumen Emulsion CRS-1

    505$

    +

    -

    5$

    Iran - Reconditioned Drum

    2.2%

  • Bitumen Emulsion K1-60

    539$

    +

    -

    5$

    Iran - Reconditioned Drum

    2.0%

  • Bitumen Emulsion CRS-2

    552$

    +

    -

    5$

    Iran - Reconditioned Drum

    2.0%

  • Bitumen Cutback MC70

    626$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.8%

  • Bitumen Cutback MC30

    636$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.7%

  • Bitumen Cutback MC250

    606$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.8%

  • HSFO CST 180

    439$

    +

    -

    5$

    Iran - Bulk

    -0.5%

  • HSFO CST 380

    436$

    +

    -

    5$

    Iran - Bulk

    0%

  • HSFO CST 180

    460$

    +

    -

    5$

    Singapore - Bulk

    -0.2%

  • HSFO CST 380

    457$

    +

    -

    5$

    Singapore - Bulk

    0%

  • Crude Oil Dubai

    69$

    +

    -

    5$

    United Arab Emirates - Bulk

    1.4%

  • Crude oil WTI

    67$

    +

    -

    5$

    United States - Bulk

    1.5%

  • Crude Oil brent

    72$

    +

    -

    5$

    United Kingdom - Bulk

    0%

Home Bitumen Reports 2023 Page 2

Bitumen Price Articles

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Slow Movements in Petroleum Products
Slow Movements in Petroleum Products

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Restrained Geopolitical Tensions Bitumen and petroleum products are under the dominance of crude oil and they are experiencing lots of fluctuations because of the vague situation. Geopolitical tensions and economic fear are the main players in the markets. The temporary Israel–Hamas ceasefire helped the market to hope for a calmer region. It’s not clear if...

2023/11/28

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The Ongoing Economic Fears and Prevailing Uncertainty
The Ongoing Economic Fears and Prevailing Uncertainty

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran, the uncertainty is prevailing in bitumen and petroleum products due to domestic and international mixed sentiments.Oil prices remained steady until November 22, just before Thanksgiving and the scheduled OPEC+ meeting. However, they suddenly dropped by about 4% due to the meeting’s postponement. Bloomberg reported Saudi Arabia’s dissatisfaction with other members’ production levels, leading...

2023/11/26

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Shadows of Uncertainties on More Markets
Shadows of Uncertainties on More Markets

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Commodities Fluctuations Bitumen and petroleum markets had a drop in the Middle East, and Europe after the sudden fall of crude oil on Thursday. Although the price was recovered on Friday, it couldn’t affect bitumen markets quickly. if the increase in oil continues, we can see an increase in the petroleum product markets or moderate...

2023/11/21

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Price Decline and Urgent Need for Significant Changes
Price Decline and Urgent Need for Significant Changes

Time to read: 1 minutes

Writer: Shirin Yousefi

The Middle East experienced a downturn, indicating a necessity for substantial changes to shift the current market trajectory.Amid ongoing conflicts in Qaza causing numerous casualties, various markets are experiencing volatility due to daily shifts in the region. Crude oil faced its third consecutive weekly decline, sparking concerns over declining demand and potential supply disruptions. Despite...

2023/11/19

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Traders In Pressure and Doubt
Traders In Pressure and Doubt

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Crude Oil Changes Uncertainties didn’t get out of the markets last week. The situation in crude oil and the economy even added up to the unclear settings. Bitumen markets and fuel dropped along with oil and it confused traders more than before. The geopolitical tensions in the Middle East haven’t flared up but they aren’t...

2023/11/14

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Oil Price Dominating the Bitumen Market Fluctuations
Oil Price Dominating the Bitumen Market Fluctuations

Time to read: 1 minutes

Writer: Shirin Yousefi

Bitumen prices in India fell during Diwali in addition to market uncertaintiesAfter more than a month of conflict in the Middle East, resulting in significant human casualties on both sides, the repercussions extended to the energy sector. At the onset of the war, crude oil prices surged to over 90 USD, with predictions even reaching...

2023/11/12

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Inconsistency Is Still Confusing Market Players
Inconsistency Is Still Confusing Market Players

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Oil and War Tensions Most of bitumen and petroleum products were again uncertain in different regions. There are many financial and Geopolitical tensions affecting prices. Most of these factors are opposite; therefore, expects can really foresee the direction of prices. The complexity of the situation is harsher in some regions such as the Middle East....

2023/11/07

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Confusion Continues in Different Markets
Confusion Continues in Different Markets

Time to read: 1 minutes

Writer: Shirin Yousefi

The global financial and oil markets have experienced uncertainty due to the humanitarian crisis and conflict in the Middle East.The global financial and oil markets have experienced turmoil due to a humanitarian crisis, conflict in the Middle East, and international efforts to alleviate these issues. The World Bank has cautioned that the current crisis could...

2023/11/05

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Uncertainties Running in the Middle East
Uncertainties Running in the Middle East

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Demand Changes Bitumen and petroleum products markets are still in uncertainties. Since the tensions look to be improving in the Middle East, crude oil prices experienced a slight amount of decrease. On Monday, 29 Oct, fuel also opened with lower prices in East Asia. Bitumen prices decreased in Europe and stayed at 400 in Bahrain....

2023/10/31

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