China Better Condition When OPEC announced the voluntary cut two weeks ago, the bitumen market become a bit hopeful for growth due to tight supply. Traders […]
Oil’s Uncertainty Bitumen and petroleum products almost had a flat market during the past days as most countries had national holidays and crude oil stayed in […]
Crude Started the Week Strongly When all the markets are in fear of a financial crisis after several banks’ emergencies, crude oil surprised all by starting […]
The onset of Nowruz Holidays in Iran While different petroleum markets were highly hopeful toward 2023’s prices, sentiments seem to be fluctuating in opposite direction quickly. […]
On February 22, Brent crude oil’s bullish trend was reversed, with a peak of $82.04, possibly in response to news of interest rate hikes in various […]
Demand Outlook Bitumen and fuel had an improved market last week. Since crude oil could be steady on the predicted channel of 80 USD. Market participants […]