Bitumen News

Weekly Bitumen Report: Market’s Stillness

The European Central Bank announced the continuation of interest rates in the Euro area while 1 day before it, the US Federal Reserve stopped the uptrend of interest...

Publish Date: 2023-07-21

Weekly Oil Report: Fears of Economic Slowdown Surpassed Supply Difficulties

On June 23, Brent oil closed around $74.34 and WTI settled at $69.47. Things got ugly on Thursday for oil, making it to give up all the week’s...

Publish Date: 2023-07-21

Weekly Bitumen Report: Stable Days in the Market Continues

During the last week, the world observed various incidents whose impacts should be investigated in long-term. The first and most important event was the travel of Mr. Narendra...

Publish Date: 2023-07-21

Weekly Oil Report: June Ends with a Growth After Seven Months of Consecutive Decline

After 7 months of bad luck for oil, June finally closed with 4% of growth. On July 3, Brent oil closed at $75.10 and WTI settled around $70.39....

Publish Date: 2023-07-21

Weekly Bitumen Report: The Gradual Uptrend of Iran Bitumen Price

After 15 years, Iran officially became a member of the Shanghai Cooperation Organization in the last week. The overall GDP of its members is 23 trillion and 307...

Publish Date: 2023-07-21

Weekly Oil Report: Sudden Bullishness Took Over

On July 7, Brent oil closed at $78.24 and WTI settled around $73.65. Oil left a bullish candle at the end of the week and it is spreading...

Publish Date: 2023-07-21

Weekly Bitumen Report: Opposite Expectations of Importers and Exporters

On July 12, oil price increased in the deals of Wednesday when there were expectations about the fall of demand from the biggest oil exporters in the world...

Publish Date: 2023-07-21

Weekly Oil Report: Growing Bullish Sentiments

On July 14, Brent oil closed at $79.63 and WTI settled around $75.22. Watch crude technical analysis: Traders were getting pretty sure about the definite growth of crude...

Publish Date: 2023-07-21

Weekly Bitumen Report: Will the Uptrend of Iran Bitumen Price Continue?

While there uncertainties between the supply pressures and concerns for the demands in the oil market, the storage of crude oil and petrol decreased in America in the...

Publish Date: 2023-07-21

Weekly Bitumen Report: Bullish Sentiment of Market Goes Further

Middle East Price Increase In the last 3 weeks, bitumen prices in the Middle East have increased in several different phases. Competition on the vacuum bottom price is...

Publish Date: 2023-07-18