Weekly Reports: Get updated about Bitumen Market

Weekly Bitumen Report: Price Jump in East Asia and Europe, Stability in West Asia

In his latest statements, Donald Trump warned that “all hell” would break loose if every Israeli hostage is not released from Gaza until February, 15. In his meeting with Trump, Jordan’s king confirms his disagreement with moving Palestinians out of Gaza. On Wednesday, Trump had separate phone conversations with Putin, Russia’s president, and then Zelenskyy,...

Weekly Bitumen Report: Trump Remains a Key Influencer on Market Prices

In his new presidency term, Trump hosted his first guest, the Prime Minister of Israel, Benjamin Netanyahu. During his stay in America, Trump returned to the maximum pressure campaign on Iran and he proposed an ethnic cleansing plan in Gaza. Donald Trump also agreed to postpone the 25% tariff implementation against Canada and Mexico for...

Weekly Bitumen Report: The Global Uptrend of Bitumen Price despite Oil Price Stability

One week after entering the White House, Trump surprised the whole world with his decisions. During this time, conflicts occurred between Trump and Colombian authorities over the refusal to allow two American planes carrying deported migrants to land, and he plans to implement a 25% import tariff against all Colombian goods. As a result of...

Weekly Bitumen Report: Trump’s Re-entry to the White House, Main Stimulus of Market

On January 20, Donald Trump took an oath as the U.S. president and started his plans immediately. The day before his inauguration, 3 Israeli captives were swapped with 90 prisoners of Hamas, and a temporary ceasefire commenced.After being sworn in as President of the United States, Trump did not miss the opportunity to use his...

Weely Bitumen Report: Jump in Crude Oil Price and its Positive Effects on Bitumen

According to the latest reports, finally, Israel and Hamas reached a ceasefire agreement in Gaza. In his social media, Donald Trump pointed out the agreements to release Israeli captives. The negotiations for the Gaza ceasefire which were under progress in Doha, mediated by Qatar and the U.S., finally concluded on January 15, before Trump entered...

Weekly Bitumen Report: Fundamental Changes in Favor of Price Increase

Political and economic earthquakes have happened during the last week, and Trump’s entry into the White House is approaching. On Tuesday, the early resignation of Justin Trudeau surprised everyone. Later, in his speech, Donald Trump requested to rename the Gulf of Mexico to the Gulf of America and to control the Panama Canal by the...

Weekly Bitumen Report: Stability in First Week of 2025

The year 2024 was over, while Middle East tensions and Russia’s war against Ukraine were ongoing, and Donald Trump would be entering the White House in less than 10 days. In the final hours of 2024, Russia’s gas export to Europe through Ukraine was stopped, and the five-year contract was over. However, there was no...

Weekly Bitumen Report: Stability of Oil and Bitumen Markets in Late 2024

On Christmas Day, Russia had a widespread attack on Ukraine using 184 missiles and drones. Around 2 weeks after the establishment of Syria's new government and the reopening of many embassies, the country's unrest began within the past days. In the meantime, despite the optimism of Israel and Hamas about their mutual agreements, there are...

Weekly Bitumen Report: Contradictory Factors Affecting Oil and Bitumen Prices

In the past week, Israel has occupied over 400 kilometers of Syrian territory. It has destroyed more than 70% of Syria's military capability through airstrikes to reduce the threat of future attacks on its territory. In the meantime, the USA expressed its optimism about the new round of negotiations between Israel and Hamas and hopes...

Weekly Bitumen Report: New Changes in the Middle East and China's Economic Policy, Forecast of Price Increase

Within the last week, Syria's regime was toppled by the rebels and the situation in the Middle East got more complicated. At the same time, Israel's severe attacks on the borders of Syria commenced. Some analysts believe that the fall of Syria is a part of the deal between America and Russia on Ukraine's war...