Will the Tensions Really Calm Down? Bitumen markets had lots of uncertainty last week since traders were confused by the sudden drop in oil. Exactly at […]
Difficulty in Making Decisions Likewise last several weeks, uncertainty and geopolitical tension have been the main leaders of petroleum-related markets. Oil, as the major component of […]
Rising Geopolitical Tensions The Middle East’s new geopolitical tensions spiked up last week after the US and UK attacked Houthi’s positions in Yemen. The US didn’t […]
2023 A Hard Year 2024 started while crude oil forecasts failed for 2023. The price roughly touched $ 100 and most petroleum markets thrived less than […]
Higher Freight Costs The Christmas holidays are coming and market participants are busy with their new year activities. Interestingly, bitumen and petroleum products trades are not […]
A Slight Growth All petroleum products are hesitant due to crude oil fluctuations and the inconsistency between demand and supply. Brent crude oil is currently fluctuating […]