Weekly Reports: Get updated about Bitumen Market

Weekly Bitumen Report: The World Surrounded by Tariff and Recession, Where are Crude and Bitumen Prices Destined?

The Political and Economic Developments of the Week Trump, Tariffs, Fear in Markets, Is it a Start of Global Pressure Wave? During the past week, the Gaza situation remained critically the same as before, and there was no progress in the proposed ceasefire between Israel and Hamas; the humanitarian crisis remained unchanged. The war between...

Weekly Bitumen Report: Trump’s Multilateral Pressures, From Europe to China and Russia

The Political and Economic Developments of the Week Was Trump’s Trade Game Changed by Surrounding Europe? On July 27, in an agreement with the European Union, Donald Trump announced that tariffs on imported goods from Europe will decrease from 30% to 15%. Most analysts believe that such an agreement is a result of Europe's response...

Weekly Bitumen Report: Were Crude Oil and Bitumen Prices Surrendered to Political Tension?

The Political and Economic Developments of the Week Unsolved Crisis, Neither Will the War End, Nor Will Oil Stabilize During the past week, the Middle East tension- especially the devastating status of Gaza and conflicts between Israel and Hamas continued. According to recent reports, deadly malnutrition and inhumane siege are significantly observed. However, the impact...

Weekly Bitumen Report: Is Global Bitumen Market Ready to Pass Tension and Recession?

The Political and Economic Developments of the Week Are Tariff War and Repeated Political Tension Threats for the Economy? On July 15, Donald Trump announced a commercial agreement with Indonesia to avoid the implementation of 32% initial tariffs and reduce the tariffs to up to 19%. In response, Indonesia committed to purchase 50 Boeing jets,...

Weekly Bitumen Report: The Hidden Fight of Prices, Bitumen and Crude Involved in Political Shocks

The Political and Economic Developments of the Week Political Shakes in World’s Economy During the last week, the international political atmosphere was under the influence of Donald Trump’s threats to impose heavy tariffs on copper, pharmaceuticals and semiconductors from key countries like Japan, Korea, European Union, and BRICS members leading to new instability in global...

Weekly Bitumen Report: Bitumen Market under the Shadow of Middle East Crisis and Market Fluctuations

The Political and Economic Developments of the Week The Middle East Crisis and Global Economic Fluctuations The Middles East crisis and fragile ceasefire between Iran and Israel are still the most important global factors affecting different markets and the geopolitical developments in the Middle East are at the center of global market attention.The financial markets...

Weekly Bitumen Report: A Fragile Ceasefire after the Twelve-Day War, Reset in Oil and Bitumen Markets

The Political and Economic Developments of the Week The Twelve-Day War and Ceasefire and its Global Consequences During the past week, Iran attacked Israel with ballistic missiles for the first time. On June 22, the U.S attacked 3 nuclear sites of Iran, which was given the codename Operation Midnight Hammer. After this attack, an emergency...

Weekly Bitumen Report: Shakes in Oil and Bitumen Markets under War Shadow

The Political and Economic Developments of the Week Over the past week, the world observed the unilateral and one-sided military attacks of Israel on Iran. In response, Iran shot more than 400 missiles and hundreds of drones at Israel in a retaliatory action over the last days. Israel attacked many civilian and military areas in...

Weekly Bitumen Report: Israel’s Military Attacks on Iran, Sore in Bitumen Market

The Political and Economic Developments of the Week A direct military attack by Israel on Iran occurred at midnight on Friday, June 13, with missile strikes hitting hundreds of locations in Iran, resulting in the deaths of many civilians and military and political officials. These attacks caused the price of Brent crude oil to rise...

Weekly Bitumen Report, 6 Jun 2025: Tariffs Suspended, Markets Even More So

Global Political & Economic Shifts Over the past week, Washington’s rapid decision shifts once again shook the pulse of global markets. Trump extended the suspension of EU tariffs until June 9, by a phone call. However, just 24 hours later, the International Trade Court in New York announced that the White House had exceeded its...