Home
/
Blog
/
Crude Oil, HSFO and Bitumen Prices November 2024

Market Analysis

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 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...

Zahra Esmaili
Zahra Esmaili
Published in Dec 8, 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 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 OPEC+ production and uncertain global demand kept the market cautious.

Below the last chart, you can click to read the weekly bitumen market reports in November 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, November 2024

Crude Oil Price Chart, November 2024

HSFO Price Chart, November 2024

HSFO Price Chart, November 2024

Bitumen Price Chart,November 2024

Bitumen Price Chart,November 2024

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

Weekly Bitumen Report:

November, 7, 2024
November, 14, 2024
November, 21, 2024
November, 28, 2024

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.

Comments

Loading comments...

Share your thoughts...

Share this article

Latest

From the blog

Curious to see more, discover more articles, and stay up-to-date?

Asia Bitumen Prices and Supply Outlook for Autumn 2026
Market Analysis
Alternatives to Iranian bitumen became more expensive between 14 August and 11 September 2026. South Korea’s price advantage over Singapore narrowed to about $13/t, while Iranian bulk export prices fell. For buyers planning autumn deliveries, the key question is whether a lower FOB price translates into a reliable, competitive delivered offer. This analysis compares bitumen...
Ahmad Reza Yousefi
Ahmad Reza Yousefi
Sep 20, 2026
Kenya Launches 91 km RWC 884 Road Project, Creating New Bitumen Demand
Market Analysis
Kenya has officially moved forward with one of its latest major road projects in Bomet County, with President William Ruto launching the upgrading of the 91 km Kapkatet–Boito–Kapset–Kaptien–Kapleleito–Kiptenden–Kapkoros–Kiplelji–Kapsimotwa–Kapkwen–Olbutyo–Siongiroi Road to bitumen standard.The project, tendered by the Kenya Rural Roads Authority (KeRRA) under Tender No. RWC 884, includes several bituminous materials, such as penetration grade bitumen,...
Ahmad Reza Yousefi
Ahmad Reza Yousefi
Sep 13, 2026
View all posts
Join our newsletter
Enter your email for weekly bitumen price updates & trends.