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 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 East. However, prices faced downward pressure as weaker-than-expected economic data from major economies, including the Eurozone and China, raised concerns about slowing global demand. Additionally, rising U.S. shale production and increased inventory levels weighed on the market. Geopolitical tensions showed signs of easing, further reducing the risk premium in prices.

Overall, the market remained cautious, balancing supply constraints against uncertain demand and economic headwinds. Traders closely monitored OPEC+ decisions and global economic indicators for direction.

Below the last chart, you can click to read the weekly bitumen market reports in December 2024. In these reports, Razieh Gilani, the export manager of Infinity Galaxy has analyzed the bitumen market weekly and has examined the factors affecting the bitumen price fluctuations during this month.

Crude Oil Price Chart, February 2025

HSFO Price Chart, February 2025

Bitumen Price Chart,February 2025

Click on the link below to read the Weekly Bitumen Report of Infinity Galaxy:

Weekly Bitumen Report:

February, 6, 2025
February 13, 2025
February, 20, 2025
February, 27, 2025

Every Friday and Monday, you can check the Infinity Galaxy website to become aware of the bitumen market condition and prices. If you have any questions or you would like to keep in touch with our experts, drop a line in the comment section.