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International Bitumen Standards: ASTM, AASHTO, CEN, IS, AS

International Bitumen Standards

Various international organizations have established standards for bitumen, including ASTM, AASHTO, CEN, IS, and AS. These standards help ensure consistency and quality in the production and use of bitumen around the world. Let’s take a closer look at each of these standards: 1. American Society for Testing and Materials (ASTM): This is an international institution […]

Weekly Oil Prices Forecast and Technical Analysis for Jan 07, 2024

Weekly Oil Prices Forecast and Technical Analysis

Oil prices moved exactly as predicted last week, with Brent oil initially falling to the $74 range before rallying with demand to reach $78.75. As you see in the chart, the price has reached the resistance of the short-term downward trend. If it breaks through the resistance, the price will continue on its upward trend. […]

OPEC+ will hold a JMMC meeting next month.

rumays internatinal branding bitumen trading rahgozar farghadani asphalt

OPEC+ will hold a Joint Ministerial Monitoring Committee meeting sometime in early February, three sources said on Tuesday, according to media. OPEC+ typically holds JMMC meetings every other month, although volatile market conditions and member unrest have sometimes prompted the group to schedule meetings outside the every-other-month schedule. OPEC+ members collectively decided to voluntarily cut […]

Hot Mix VS Cold Mix Asphalt

Hot Mix VS Cold Mix Asphalt

Are you aware of the difference between hot mix and cold mix asphalt? Understanding the distinction between these two types of asphalt can help you make an informed decision when it comes to your paving needs. Don’t miss out on the advantages of either type. Learn all about it today! Asphalt is a black, sticky […]

Weekly Oil Prices Forecast and Technical Analysis for Dec 31, 2023

Weekly Oil Prices Forecast and Technical Analysis

Based on last week’s forecast, oil could not break the short-term downward trend line and was trading down ahead of API data release as the year drew close to the end. It is expected that this downward trend will continue in the coming year, with Brent oil falling to the initial support of around $74. […]

Iran Reports Growth in Exports of Oil and Gas

iran oil and gas export

Iran has exported $26.46 billion worth of crude oil since the beginning of its calendar year in March, contributing to a 7% increase in total trade, which stood at $112 billion during the period. This information comes from customs data from Tehran, as reported by Reuters. For the upcoming year, Iran’s government has made budget […]

Weekly Oil Prices Forecast and Technical Analysis for Dec 24, 2023

Weekly Oil Prices Forecast and Technical Analysis

As predicted last week, crude oil prices rose, and Brent reached around $79.As you see in the chart, the price of Brent crude oil has reached the resistance range of the short-term downward trendline and cannot keep moving until it is broken.Therefore, for the next week, the Brent crude oil price is expected to fluctuate […]

Bitumen Production Process

Bitumen Production Process

There are four methods for producing bitumen: Straight Run, Air Blowing, Deasphalting, and Blending. Air Blowing is the most commonly used method. Suitable Crude Oil for Producing Bitumen It is possible to produce bitumen using crude oil that has a specific gravity greater than 0.9. This is because these crude oils contain a suitable amount […]

Russia’s oil exports to China and India have increased

Russia Sends First Ever Cargo of CPC Crude to UAE

Russia has significantly increased its crude oil exports to China and India this year. Nikolay Tokarev, the head of Russian oil pipeline monopoly Transneft, revealed that volumes to China have reached 100 million tons annually, or roughly 2 million barrels per day. In an interview with state television Rossiya 24, Tokarev stated that export volumes […]