Weekly Reports: Get updated about Bitumen Market

Oil in the Middle of Demand Uncertainty and Supply Risk, World in the 80th Session of the United Nations General Assembly

The Political and Economic Developments of the Week The Eightieth General Assembly: From Trump's Controversial Speech to Nuclear and Regional Conflicts At the Eightieth General Assembly of the United Nations, Donald Trump called climate change the "greatest hoax in history," blamed Europe for its immigration policies and green energy initiatives, and warned that countries are...

Weekly Bitumen Report: Will OPEC+ Oversupply Neutralize the Geopolitical Risks?

The Political and Economic Developments of the Week From Ukraine’s Drones to OPEC+ Oversupply, Oil at the Crossroads of Risk and Supply In the past week, a set of simultaneous developments in Russia, OPEC+, and America formed the oil market atmosphere. The drone attacks of Ukraine on Russia’s oil facilities raised concerns about supply disruptions,...

Weekly Bitumen Report: Attacks on Qatar, New Risks in Bitumen Market?

The Political and Economic Developments of the Week Non-Stop Geopolitics: Israel’s Attack to Doha and Market Reactions During the past week, the Middle East tension shook the oil market once again. The aerial attacks of Israel on Hamas’s base in Doha were one of the main developments. Following this attack, Brent Crude Oil prices reached...

Weekly Bitumen Report: Shanghai Cooperation, Balance Change in Global Markets?

The Political and Economic Developments of the Week Snapback Mechanism, Return of Sanctions on Global Energy On August 28, the UK, France, and Germany started the process of Snapback activation based on Iran’s nuclear agreement. By implementing this mechanism, the old sanctions will be automatically activated, without the need for a vote. This may impact...

Weekly Bitumen Report: Snapback Negotiations on Top, India Gets Russia’s Oil Victim

The Political and Economic Developments of the Week Everyone Waiting for Europe Decision, Misarrangement in the Markets by Trump Tariffs During the last week, the world was mainly focused on the negotiations between Iran and Europe regarding the activation of Snapback Mechanism and possibility of return of UN sanctions against Iran. Although the decision of...

Weekly Bitumen Report: Global Indecisiveness, Does Bitumen Market Pass the Shadow of War & Recession Successfully?

The Political and Economic Developments of the Week Dead End in Ukraine, Fragile Hopes The situation in Gaza is still critical; Hamas accepted the 60-day ceasefire on the condition of releasing half of the hostages, including hundreds of Palestinian prisoners. In return, several Israeli hostages and the corpses of the captives will be delivered to...

Weekly Bitumen Report: Will Trump-Putin Meeting End the War?

The Political and Economic Developments of the Week From Gaza Bombardment to Trump-Putin Meeting, Turmoil in the World In the last week, Israel severely bombarded Gaza. The eastern positions of Gaza were under heavy aerial and ground fire attacks. According to the reports, 123 people were killed in one day, which was the worst statistic...

Weekly Bitumen Report: The World Surrounded by Tariff and Recession, Where are Crude and Bitumen Prices Destined?

The Political and Economic Developments of the Week Trump, Tariffs, Fear in Markets, Is it a Start of Global Pressure Wave? During the past week, the Gaza situation remained critically the same as before, and there was no progress in the proposed ceasefire between Israel and Hamas; the humanitarian crisis remained unchanged. The war between...

Weekly Bitumen Report: Trump’s Multilateral Pressures, From Europe to China and Russia

The Political and Economic Developments of the Week Was Trump’s Trade Game Changed by Surrounding Europe? On July 27, in an agreement with the European Union, Donald Trump announced that tariffs on imported goods from Europe will decrease from 30% to 15%. Most analysts believe that such an agreement is a result of Europe's response...

Weekly Bitumen Report: Were Crude Oil and Bitumen Prices Surrendered to Political Tension?

The Political and Economic Developments of the Week Unsolved Crisis, Neither Will the War End, Nor Will Oil Stabilize During the past week, the Middle East tension- especially the devastating status of Gaza and conflicts between Israel and Hamas continued. According to recent reports, deadly malnutrition and inhumane siege are significantly observed. However, the impact...