Weekly Reports: Get updated about Bitumen Market

Bitumen Market Analysis on 9th October 2020

During the last week below significant factors affected the market of bitumen: 1. If the Nagorno-Karabakh conflict gets longer, the regional powers might show directional bias to support each of the parties and it can affect oil price and regional equations. 2. On 8 Oct. 2020, the USA decided to impose new sanctions on all of...

Bitumen Market Analysis on 2nd October 2020

Market analysis on 2nd October 2020, before a positive test of President Donald Trump. USD value exceeded more than 30,000 Toman but as VB competed more than 25% during the last 4 days, it is improbable to see bitumen price at a fixed rate and there is no prediction about the plan of the government...

Iran Reduced VB Prices by 6-7$ in September 2020

Razieh Gilani from Infinity Galaxy discusses how the future market of bitumen will be in the next 2 months. The final decision about the Dispute Mechanism was announced on 20 September 2020 in which the USA aimed to apply more sanctions against Iran, although Iran has an opposite point of view regarding the application of...

Bitumen Market Forecast in Next 40 Days

OPEC basket price fell below 40$ on Thursday, September 10, 2020. For the past two weeks, oil prices have been decreasing. Due to the current global situation and lockdowns, all the world seeks relative economic stability, especially in fuel and oil markets. According to the information gathered by Infinity Galaxy, the growing trend for fuel...

Infinity Galaxy analysis of the crude oil price on October 14th

Complicated Political circumstance in the Persian Gulf, rocket attack on Iranian oil tanker in the Red Sea, the launch of Turkish offensives against northern Syrian Kurds, the escape of the ISIS prisoners in northern Syria, approaching Boris Johnson's deadline of Brexit and failure to find a solution agreed by all parties and less than two...

Infinity Galaxy analysis of the crude oil price on October 7th

Today, 7th October 2019, by the return of Saudi Arabia to the pre-strike production level and the starting of the Autumn season in the northern hemisphere of the earth, the stability of the oil market is predicted. The result of the negotiation between China and the USA about the trade struggle in the next week...

Infinity Galaxy analysis of the crude oil price on September 30th

Positive news according to the return of Saudi Arabia to the oil market and production cycle, simultaneously with the global fuel price reduction, all have resulted in a 1% drop in prices. Making a fragile calm in the Persian Gulf region, Saudi Arabia's new decision caused approximate stability this week. Desktop pc computers pattern is...

Infinity Galaxy analysis of the crude oil price on September 23rd

Today, 23rd September 2019, despite Saudi Arabia's official comments on the return to previous capacity, accredited risk assessment institutions conclude that this return will not happen this soon. Their assumption, the rise in the northern hemisphere markets, and the beginning of the cold season, all may result in the stability or an ignorable rise in...

Infinity Galaxy analysis of the crude oil price on September 16th

Today, 16th September 2019, Saudi Arabia oil prices have risen by 4% to 6% by starting the International oil markets. This increase is considered as a result of recent Saudi Arabia oil facilities strikes and the 5 million reductions in the exported oil. Although the United States and Saudi Arabia have simultaneously announced that they...

Infinity Galaxy analysis of the crude oil price in the second week of September

On the 2nd week of September, a 0.7 % to 2.5 % increase in the base Opec and West Texas oil price seems to appear. Therefore, there aren't many serious demands on the market. Buyers are waiting for the end of monsoons in East Asia and the beginning of the new markets. The more community...