In February 2025, crude oil prices remained volatile, influenced by a mix of geopolitical, economic, and supply-demand factors. Brent crude averaged around $78 per barrel, slightly lower than January's average of $80, as market dynamics shifted. The month began with some upward pressure due to ongoing OPEC+ production cuts and supply concerns in the Middle...

Overall, crude oil prices were volatile in January 2025, owing to a complicated combination of geopolitical factors, economic conditions, and supply and demand changes. In January 2025, Brent crude oil prices rose significantly, averaging approximately $80 per barrel, up from December's average of $73.86 per barrel. This increase was mostly driven by tougher US restrictions...

In December 2024, Brent crude oil prices reached at $73.86 per barrel, the lowest monthly average in the previous two years. This reduction was mostly due to lower oil demand in China, which was impacted by the country's economic slowdown and growing use of electric vehicles. Additionally, OPEC announcements about increases the future supply, added...

What is more important when buying bitumen: bitumen quality or its price? The real value is in the quality of bitumen. Using cheap and low-quality bitumen can lead to costly problems. The best bitumen meets international standards in its specifications. Keep reading this article for practical tips on purchasing high-quality bitumen. Signs of Low-Quality Bitumen...

In November 2024, crude oil prices saw a slight rise, with Brent crude averaging around $80 per barrel. This was driven by stronger manufacturing activity in China, raising hopes for increased energy demand. A ceasefire between Israel and Hezbollah also helped ease tensions, bringing some stability to the market. However, concerns about possible changes in...

October 2024 was a volatile month for oil prices. Geopolitical tensions in the Middle East, particularly the Israel-Iran conflict, drove prices higher. However, concerns about a global economic slowdown and increased supply from non-OPEC producers put downward pressure on prices. Ultimately, the month ended with a mixed bag of factors influencing oil prices. You can...

September ended by about a 7% drop in both Brent and WTI. The Middle East tensions were the most volatile factor in September. Tensions got to the maximum level at the end of the month by Israel Killing Hezbollah leader, Hassan Nasrallah. You can watch the Weekly Infinity Crude Oil Forecast prepared by Mahnaz Golmohamadian...

Crude oil closed in August by about 5% decline. In fact, the rising geopolitical tensions in Gaza, Russia and Libya couldn't overcome demand concerns in the market during the month. You can watch the Weekly Infinity Crude Oil Forecast prepared by Mahnaz Golmohamadian on Infinity Galaxy YouTube Channel if you are interested in knowing more...

Brent closed July with a 4% decline mainly due to the weaker outlook of demand projected for China. Rising geopolitical tensions in the Middle East couldn't overcome the fear of lower demand. You can watch the Weekly Infinity Crude Oil Forecast prepared by Mahnaz Golmohamadian on Infinity Galaxy YouTube Channel if you are interested in...