December 2, 2021

Weekly Bitumen Report: The Storm of Omicron is Leading the Commodity Markets

During the last week, all of the factors determining bitumen prices significantly affected each other compared to the previous weeks and it resulted in the severe
December 1, 2021

Omicron Variant Resurge Brings Markets Turmoil and Confusion

  Last week, Rex Fuels’ Bitumen and Modification bitumen conference took place with more than 250 participants, 20 speakers, and 30 bitumen and petroleum pioneers and
November 29, 2021

Weekly Oil Report: Covid Helped Biden with Crude

New fears have shocked markets of stocks and commodities. Crude oil that surprised traders by the rapid rally during recent weeks, stood as the leader of
November 25, 2021

Weekly Bitumen Report: Confusion of Market

The current week report was prepared after the latest conference of Rex Fuels’ Bitumen and Bitumen Modification in Taj Palace, New Delhi. Infinity Galaxy as the
November 24, 2021

Base oil and Caustic Soda Still Have Bright Future

We are preparing Infinity Galaxy’s base oil and lubricant market review while we are getting ready for the AME Conference in beautiful Delhi, India. Tomorrow, Infinity
November 22, 2021

Weekly Oil Report: Situation Turns Against Crude Rally

Bearish news could take over the few bullish factors of the market during last week. Brent oil closed the week at $77.69 and WTI fell to
November 18, 2021

Weekly Bitumen Report: Transportation Issues, the Main Concern of Current Market

Within last week, the rally of competitions continued among the refineries. The minimum and maximum percentages of the competitions were 14.64% in Tabriz and 43.57% in
November 17, 2021

Chaos Continues to Confuse Traders

In some parts of Europe, the Middle East, and Africa, demand is strong for base oil, while it is slowing down in some other countries as
November 15, 2021

Weekly Oil Report: Hesitations Lingering in the Markets

Oil was still under pressure by dollar powering, possible supply increase, and next year demand outlook. Accordingly, Brent finished the week with a loss at $81.14
November 11, 2021

Weekly Bitumen Report: The Waves of Prices are still Upward

On 7 November 2021, the rate Iran vacuum bottom dropped around 6% considering fall of fuel and the bitumen market experienced a temporary fall of rates
November 10, 2021

Failure of Expectations for Lower Recycled Base Oil Rates Despite Fuel Reduction

Fuel prices remained unchanged for the sixth day following the tax cuts in Indian states and the sharp reduction of petrol and diesel prices. Global crude
November 8, 2021

Weekly Oil Report: Bullish and Bearish Aspects of the Market

After the third week of oil fall, the market began the week with a slight bullish gap. Brent and WTI closed the week at $81.73 and