Commencement of 2021 with an Upward Trend of Oil Products Prices

This article was prepared by Tina Taghavi, the sales manager of Infinity Galaxy

With the start of the New Year, as we predicted in previous weeks, prices have increased, and at the beginning of the New Year, there is no sign of declining prices.

Although Some sources have reported that prices will remain stable in the first weeks of 2021, demand for oil products remains high and corona lockdowns and limited production problems continue. Brent oil has increased to about $56 in recent days and is anticipated to rise to $60 by the end of January.

In the past few days Shipping companies don’t have interests in loading Flexi tanks to some destinations, and some of them are adding surcharges to carry them.

The upward trend of prices and its continuation in the New Year is a seal of confirmation on our predictions in the last few weeks.

Our team is trying to provide authentic and reliable information about the market of oil products by following the news and market analysis so that our valuable customers can buy and order these products with sufficient knowledge of the market.