Weekly Reports: Get updated about Bitumen Market

Weekly Bitumen Report: From the Tanker War to Attacks on Saudi Arabia: Brent Breaks Above $100

The Middle East energy crisis can no longer be explained simply as tension in the Hormuz Strait. The United States said it disabled five Iranian tankers after an attempted attack on a U.S. naval vessel, while Iran claimed it retaliated by targeting 10 vessels across the Persian Gulf and Hormuz Strait, the largest wave of...

East Asia Bitumen Market | Oil Back Above $96; Supply Tightens, but Buyers Are Still Not Chasing the Market

The US-Iran conflict intensified again toward the end of the week, pushing Brent crude to around $93/bbl in the latest trading sessions. At the same time, commercial traffic through the Strait of Hormuz remains significantly below normal levels, while reports of a recent attack on an Iranian tanker near Kharg Island have once again increased...

Weekly Bitumen Report: Tensions Rise Again as Renewed U.S. Strikes on Iran Push Brent Back Toward $95

It took less than a week for the energy market outlook to change again. Brent crude was below $90 last Friday, while traders were still considering the possibility of progress in negotiations to increase shipping traffic through the Hormuz Strait. However, renewed U.S. strikes on targets in Iran and Iran’s response across the region erased...

Africa’s Bitumen Market Shows Mixed Trends: Cheaper in the West, Tighter in the East

The deadlock between Iran and the United States over the Strait of Hormuz continues to keep direct sourcing from the Persian Gulf under pressure, with shipping, payment and scheduling constraints still affecting trade. At the same time, a significant decline in crude and Mediterranean HSFO over the past week has lowered replacement costs in West...

Weekly Bitumen Report: The Broadest U.S. Economic Pressure Campaign Arrives Alongside New Diplomatic Hopes; Brent Falls Back Toward $86

The weekly bitumen market faces conflicting signals as Iran-Oman talks raise hopes for a Hormuz reopening while U.S. sanctions intensify. Brent falls toward $86, but East Asian bitumen remains firm, India’s imports weaken, and Iran’s market awaits reliable maritime shipping.

East Asia Bitumen Market: September Supply Becomes More Limited, but Demand Remains Uneven

East Asia’s bitumen market faces limited September cargo availability, while demand remains uneven across key markets. Singapore and Thailand stay constrained, China gains a larger supply role, and buyers increasingly weigh origin, grade, freight, and execution alongside price.

Weekly Bitumen Report: Six Months into the War, the Crisis Is No Longer Temporary; Brent Near $92 as Supply Chains Are Being Redrawn

Six months into the war, disruptions around Hormuz are reshaping global energy trade. Brent neared $92 as longer routes, shifting suppliers, and financial restrictions increased costs. Bitumen markets remained mixed, with weak demand in Asia and Europe and continued shipping challenges for Iran exports.

Africa Bitumen Market Update: After 60 Days, Supply Is Returning. Normality Isn’t

After 60 days, bitumen supply is returning to parts of Africa, but market conditions remain far from normal. Higher replacement costs, freight and execution risks continue to shape buying decisions, while West, East and Southern Africa move in different directions.

Weekly Bitumen Report: US-Iran Talks Remain Deadlocked, Hormuz Strait Still Closed; Brent Returns to Nearly $89

US-Iran talks remain deadlocked as Hormuz Strait traffic stays severely restricted, while renewed Red Sea attacks add to maritime risk. Brent returned toward $90/bbl amid tightening supply expectations. Bitumen markets diverged, with Europe correcting lower while Asia remains supported by tight supply.

East Asia Bitumen Market, Supply Tightness Is Changing Regional Buying Options

East Asia’s bitumen market is seeing tighter supply, but demand remains selective. Singapore and Thailand face limited availability, while South Korea and China are gaining attention as alternative origins. Indonesia shows early restocking, but buyers remain focused on price, availability and delivery timing.