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October 1, 2023
Iran’s market faced a tough week with rising production costs, increased export product prices, limited competition, etc. According to the EIA report, the annual oil reserves […]
September 17, 2023
Iran experienced a substantial 38% price surge in vacuum bottom following pricing adjustments last week. Refinery competition also increased by around 3%. Last week, India hosted […]
September 5, 2023
A New Rising Trend There was a market twist last week. While there were whispers about a possible drop, prices suddenly showed a potential to increase. […]
June 27, 2023
Economic Slowdown The Bitumen market was very suspicious about its next movement since it couldn’t decide how to react to the market’s fluctuations. In Singapore and […]
May 21, 2023
Oilprice detailed that the cost of oil diminished by 1% due to concerns over American debt. Concurring to Bloomberg, wall street is stressed around a potential financial […]
May 14, 2023
In the past week, as Brent crude oil prices fell and then slightly rose, the cost of bitumen decreased across all markets stretching from Europe to […]