Bitumen Bazaar reports, Nynas' Harburg refinery in north Germany has been shut down for an extended period this winter and will produce a much more restricted volume of bitumen for the rest of this year once it starts up again, as Argus reports. The focus of the refinery will now be on the production of naphthenic base oils and other speciality ...

According to Argus report, bitumen prices were generally lacked direction last week as crude and fuel oil markets experienced high levels of volatility, while demand from some key markets wavered.  A gradual improvement in weather conditions across north and central Europe helped to constructions and more road and highway work projects, however ...

The Sixth GECF Summit in Doha The Gas Exporting Countries Forum (GECF) was born in 2001 in Tehran. Since the establishment of this forum, 23 meetings have been held at the ministerial level and five at the higher level. The sixth summit of this forum is scheduled to be held on February 22nd (Tuesday) in Doha. Before the start of this meeting, the ...

 

Last week we faced an increase of $20/t in prices of Iran export bitumen because of higher VB prices and positive changes in Rial currency. The market was almost quiet and demand was slow in most part of Asia due to lunar new year holidays, however Indian buyers were after lower prices through port inventories or previous stocks. Suppliers were not ...

Bitumen Bazaar is a leading media organization in the Middle East with a focus on global news and statistical data and information about bitumen as a key product of petroleum refining. Bitumen Bazaar is the first and only specialized media in the field of bitumen industry and market with an official license in Iran. We observe the oil market closely ...

All commodity markets are in a state of shortage right now, Jeff Currie, global head of commodities research at Goldman Sachs, said on Monday, noting that he had never seen anything like the current tightness in his 30-year-long career. “I’ve been doing this 30 years and I’ve never seen markets like this,” Currie told ...