03 Nov 2025

02:30

  • Bitumen 60/70

    383$

    +

    -

    2$

    Iran - New Steel Drum

    1.6%

  • Bitumen 60/70

    383$

    +

    -

    2$

    Iran - New Steel Drum

    1.6%

  • Bitumen 60/70

    363$

    +

    -

    3$

    Iran - Jumbo Bag

    1.7%

  • Bitumen 60/70

    346$

    +

    -

    3$

    Iran - Flexitank

    -0.3%

  • Bitumen VG10

    374$

    +

    -

    2$

    Iran - New Steel Drum

    1.6%

  • Bitumen VG30

    375$

    +

    -

    2$

    Iran - New Steel Drum

    1.6%

  • Bitumen VG40

    377$

    +

    -

    3$

    Iran - New Steel Drum

    1.6%

  • Bitumen C170

    378$

    +

    -

    3$

    Iran - New Steel Drum

    1.6%

  • Bitumen C320

    377$

    +

    -

    3$

    Iran - New Steel Drum

    1.6%

  • Bitumen AH70

    367$

    +

    -

    3$

    Iran - Jumbo Bag

    1.6%

  • Bitumen PG 76-10

    555$

    +

    -

    3$

    Iran - New Steel Drum

    1.1%

  • Bitumen 200/300

    373$

    +

    -

    2$

    Iran - New Steel Drum

    1.6%

  • Bitumen Oxidized 115/15

    337$

    +

    -

    2$

    Iran - Carton 25KG

    1.8%

  • Bitumen Oxidized 105/15

    337$

    +

    -

    2$

    Iran - Carton 25KG

    1.8%

  • Bitumen Oxidized 85/25

    339$

    +

    -

    2$

    Iran - Carton 25KG

    1.8%

  • Bitumen Oxidized 95/25

    339$

    +

    -

    2$

    Iran - Carton 25KG

    1.8%

  • Bitumen Emulsion CRS-1

    521$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.2%

  • Bitumen Emulsion K1-60

    521$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.2%

  • Bitumen Emulsion CRS-2

    564$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.1%

  • Bitumen Cutback MC70

    575$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.0%

  • Bitumen Cutback MC30

    590$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.0%

  • Bitumen Cutback MC250

    561$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.1%

  • HSFO CST 180

    360$

    +

    -

    5$

    Iran - Bulk

    -3.3%

  • HSFO CST 380

    359$

    +

    -

    5$

    Iran - Bulk

    -3.1%

  • HSFO CST 180

    383$

    +

    -

    5$

    Singapore - Bulk

    -3.1%

  • HSFO CST 380

    382$

    +

    -

    5$

    Singapore - Bulk

    -2.9%

  • Crude Oil Dubai

    61$

    +

    -

    5$

    United Arab Emirates - Bulk

    -4.9%

  • Crude Oil WTI

    58$

    +

    -

    5$

    United States - Bulk

    -5.2%

  • Crude Oil brent

    72$

    +

    -

    5$

    United Kingdom - Bulk

    0%

Home Blog Trump’s Sanctions Light a Fire Under Oil Prices

Trump’s Sanctions Light a Fire Under Oil Prices

codarx

codarx

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Update date: 2025/10/24

Oil markets roared back to life after Trump’s sanctions on Russia’s top oil producers sent prices surging. Friday, October 24, 2025Trump’s sanctions on Russia’s top oil firms have cut short the past weeks’ downward pricing movement, with stories of record high crude on water, flattening backwardation curves and weakening Chinese SPR purchases now all put on the back burner. With ICE Brent soaring to $66 per barrel, up $5 per barrel in just one day, Thursday’s rally failed to trigger incremental moves upwards…

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