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Weekly Oil Report: Tight Supply Fueling Bullishness

On August 4, Brent oil closed at $85.99 and WTI settled around $82.59. Watch technical analysis on your YouTube: On Friday, the oil price couldn’t break 86 despite...

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7-August-daily

Weekly Bitumen Report: Positive Trends vs. Markets Resistance

By the announcement of Saudi Arabia’s decision regarding the extension of voluntary production cut, on August 4, the members of monitoring committee of OPEC and non-OPEC agreement suggested...

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Weekly Oil Report: Expectations for Demand Growth in 2023

On August 11, Brent oil closed at $86.55 and WTI settled around $83.01. Watch technical analysis: The sensitive price area fueled the excitement about bullish sentiments. However, the...

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daily-14-aug

Weekly Bitumen Report: Contradictory Signals in the Market

After 7 increasing weeks in the oil price trend, it faced a drop last week as a result of worries about slow improvements in China’s economy and increase...

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Weekly bitumen report: China’s Economic Worries & Dollar Strength vs. Oil Price Dip in the Market

After seven weeks of continuous growth in oil prices, there was a decrease last week. This decline was due to worries about the slow improvements in China’s economy...

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20-aug

Weekly Bitumen Report: Markets Face a Dilemma

Confusion Arises After a month and a half of constant increase in crude oil and dependent markets, the atmosphere is now reflecting a sense of confusion and uncertainty....

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15-aug-1

Weekly bitumen report: The significant surge in the average rate of competition for Vacuum Bottom

The vacuum bottom competition in Iran is 50% and the exchange rate between the US dollar and the Iranian Rial indicates an upward trend US consumer inflation has...

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13-aug

Weekly Bitumen Report: Are All Things Set For A New Jump?

Stronger Market Hot competition in the Middle East over vacuum bottom continues leading to higher prices in the region. Interestingly, the prices didn’t give up the growth even...

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8-aug

Weekly Market report: Plans to Reclaim Lost Market Share in August 2023

Saudi may increase production to recover lost market share. Petrol and gasoline prices in America increased due to shut-down refineries, peak demand, and low stockpiles. On Friday, the...

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6-aug

Weekly Bitumen Report: Sustaining Bullishness In Crude and Petrochemicals

Quick Growth The Bitumen market is lively more than ever in the last 3 months despite several traders believing it would have been a temporary trend. It is...

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1-august