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 […]
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 […]
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. […]
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 […]
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 […]
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 […]