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Crude Oil, HSFO and Bitumen Prices February 2025
Crude Oil, HSFO and Bitumen Prices February 2025
In February 2025, crude oil prices remained volatile, influenced by a mix of geopolitical, economic, and supply-demand factors. Brent crude […]
• March 4, 2025

Crude Oil, HSFO and Bitumen Prices January 2025
Crude Oil, HSFO and Bitumen Prices January 2025
Overall, crude oil prices were volatile in January 2025, owing to a complicated combination of geopolitical factors, economic conditions, and […]
• February 9, 2025

Crude Oil, HSFO and Bitumen Prices December 2024
Crude Oil, HSFO and Bitumen Prices December 2024
In December 2024, Brent crude oil prices reached at $73.86 per barrel, the lowest monthly average in the previous two […]
• January 13, 2025

Crude Oil, HSFO and Bitumen Prices November 2024
Crude Oil, HSFO and Bitumen Prices November 2024
In November 2024, crude oil prices saw a slight rise, with Brent crude averaging around $80 per barrel. This was […]
• December 8, 2024

Crude Oil, HSFO and Bitumen Prices October 2024
Crude Oil, HSFO and Bitumen Prices October 2024
October 2024 was a volatile month for oil prices. Geopolitical tensions in the Middle East, particularly the Israel-Iran conflict, drove […]
• November 5, 2024

Crude Oil, HSFO and Bitumen Prices September 2024
Crude Oil, HSFO and Bitumen Prices September 2024
September ended by about a 7% drop in both Brent and WTI. The Middle East tensions were the most volatile […]
• October 6, 2024

Crude Oil, HSFO and Bitumen Prices August 2024
Crude Oil, HSFO and Bitumen Prices August 2024
Crude oil closed in August by about 5% decline. In fact, the rising geopolitical tensions in Gaza, Russia and Libya […]
• September 8, 2024

Crude Oil, HSFO and Bitumen Prices July 2024
Crude Oil, HSFO and Bitumen Prices July 2024
Brent closed July with a 4% decline mainly due to the weaker outlook of demand projected for China. Rising geopolitical […]
• August 6, 2024

Crude Oil, HSFO and Bitumen Prices June 2024
Crude Oil, HSFO and Bitumen Prices June 2024
Oil recovered slightly in June after two consecutive falling months. Geopolitical tension in the Middle East was the top effective […]
• July 7, 2024

Crude Oil, HSFO and Bitumen Prices May 2024
Crude Oil, HSFO and Bitumen Prices May 2024
The market was not in favor of crude oil in May. For the second consecutive month, oil closed with loss […]
• June 10, 2024

Crude Oil, HSFO and Bitumen Prices April 2024
Crude Oil, HSFO and Bitumen Prices April 2024
April started with increasing tensions in the Middle East and a possible war between Iran and Israel. Brent climbed up […]
• May 7, 2024

Crude Oil, HSFO and Bitumen Prices March 2024
Crude Oil, HSFO and Bitumen Prices March 2024
Oil closed March with over 6% growth. Market sentiment was increasingly bullish due to OPEC+ production cuts, supply disruption, and […]
• April 2, 2024