Oil and Bitumen Market News

Weekly Oil Prices Forecast and Technical Analysis for Jan 07, 2024
Oil prices moved exactly as predicted last week, with Brent oil initially falling to the

OPEC+ will hold a JMMC meeting next month.
OPEC+ will hold a Joint Ministerial Monitoring Committee meeting sometime in early February, three sources

Weekly Oil Prices Forecast and Technical Analysis for Dec 31, 2023
Based on last week’s forecast, oil could not break the short-term downward trend line and

Iran Reports Growth in Exports of Oil and Gas
Iran has exported $26.46 billion worth of crude oil since the beginning of its calendar

Weekly Oil Prices Forecast and Technical Analysis for Dec 24, 2023
As predicted last week, crude oil prices rose, and Brent reached around $79.As you see

Russia’s oil exports to China and India have increased
Russia has significantly increased its crude oil exports to China and India this year. Nikolay

Weekly Oil Prices Forecast and Technical Analysis for Dec 17, 2023
As we expected, with the Brent crude oil price reaching strong support around $70-72, and

Oil Prices Continue to Fall Ahead of the Fed Meeting and EIA Report
Oil prices started the day with a loss in Asian trading today as concerns about

International Bitumen Standards: ASTM, AASHTO, CEN, IS, AS
Various international organizations have established standards for bitumen, including ASTM, AASHTO, CEN, IS, and AS.

Weekly Oil Prices Forecast and Technical Analysis for Jan 07, 2024
Oil prices moved exactly as predicted last week, with Brent oil initially falling to the

OPEC+ will hold a JMMC meeting next month.
OPEC+ will hold a Joint Ministerial Monitoring Committee meeting sometime in early February, three sources

Hot Mix VS Cold Mix Asphalt
Are you aware of the difference between hot mix and cold mix asphalt? Understanding the

Weekly Oil Prices Forecast and Technical Analysis for Dec 31, 2023
Based on last week’s forecast, oil could not break the short-term downward trend line and

Iran Reports Growth in Exports of Oil and Gas
Iran has exported $26.46 billion worth of crude oil since the beginning of its calendar

Weekly Oil Prices Forecast and Technical Analysis for Dec 24, 2023
As predicted last week, crude oil prices rose, and Brent reached around $79.As you see

Bitumen Production Process
There are four methods for producing bitumen: Straight Run, Air Blowing, Deasphalting, and Blending. Air