Weekly Reports: Get updated about Bitumen Market

Weekly Bitumen Report: Tension Eased, Oil Corrected, but Bitumen Is Still Waiting for Vessels

Although Brent crude has corrected, the bitumen market is still constrained by vessel availability and shipping uncertainty in the Persian Gulf. Buyers remain focused on reliable cargo execution rather than lower prices, while developments around the Hormuz Strait continue to shape global market sentiment.

East Asia Bitumen Market: Buyers Are Becoming More Selective

East Asia’s bitumen market is now driven by execution, not just price.

Weekly Bitumen Report: Brent Oil Price Falls, but the Bitumen Market is Still Dependent on Other Factors

Diplomacy Advances, but Key Disagreements Remain As of Thursday, June 25, the global energy market was receiving two conflicting signals. The first round of US-Iran negotiations in Switzerland, attended by Pakistan and Qatar, concluded with a 60-day roadmap and an agreement to continue technical discussions. However, disagreements over nuclear inspections, unfrozen Iranian assets, and the...

Africa Bitumen Market: Different Market Responses to the Iran–US Agreement

The African bitumen market has entered a new phase this week. Following the temporary agreement between Iran and the United States and expectations of a gradual reopening of trade flows through the Mideast Gulf, crude oil and HSFO prices experienced a significant correction. This has pushed cargo values lower across parts of West and Southern...

Weekly Bitumen Report: The Deal Is Signed; Oil Has Pulled Back, but the Bitumen Market Is Still Waiting for Real Execution

Political and Energy Phase The market opened this week with a major shift: after more than three months of war and tension in the Persian Gulf, the U.S. and Iran reached a temporary ceasefire framework and interim understanding. The political message was clear: the path of war has been paused for now, and a 60-day...

East Asia Bitumen Market: A New Scenario Is Emerging in the Market

This report reflects market conditions updated as of 15 June 2026, including the latest developments in the Middle East. The announcement of a 60-day ceasefire framework between Iran and the United States has improved market sentiment and raised expectations for better shipping conditions through the Hormuz Strait. Brent crude opened the week near $83/bbl, indicating...

Weekly Bitumen Report: The Conflict Escalates Again; Oil Near $100, but Bitumen Has Yet to Pass Through the Strait of Hormuz

Political Phase The second week of June moved forward with a clear divide: the rhetoric speaks of an agreement, but developments on the ground are still following a different path. Reports were published indicating that Trump has repeatedly spoken over the past months about an agreement with Iran being close, yet as of June 11,...

Africa Bitumen Markets Are No Longer Moving Together

This week, the African bitumen market is showing a clear shiftو it is no longer moving as a single unified market. Instead of one common direction, each region is now reacting to its own drivers: supply conditions, rainfall, logistics problems, and domestic demand patterns. Nigeria: Lower Import Prices, Stronger Domestic Market In Nigeria, imported cargo...

Weekly Bitumen Report: Brent Oil Near $100, While the Hormuz Strait Still Holds Bitumen Prices Under Pressure

Political Phase The first week of June moved forward with mixed political signals. Trump spoke about the fast continuation of talks with Iran, but at the same time, U.S. military and naval pressure continued. Iran also raised the suspension of part of the message exchange after Israel’s attack on Lebanon, which again increased the possibility...

East Asia Bitumen Market: Supply Challenges and the Execution Gap

The East Asian bitumen market remained relatively stable at the end of May, although supply conditions and cargo availability continue to play a more important role than price alone. Current market indications show FOB Singapore at $566–575/MT and FOB South Korea at $540–550/MT, while CFR East China prices moved higher and Indonesia Ex-Works prices saw...