Bitumen Emulsion
Bitumen emulsion is a crucial element in road construction projects, as it helps in the binding of road elements., Furthermore, it also seals and protects the r...
Bitumen Emulsion Byte
Daily Market Report
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Bitumen Market Steady with Mild Bearish Undertone Ahead of Post-Monsoon Rebound
Bitumen prices in India remain steady, supported by a stable rupee and softer crude benchmarks. Seasonal monsoon conditions continue to depress demand, though supply from Iraq and Iran remains consistent. With crude softening and INR stable, parity costs are under mild downward pressure. A demand rebound is expected post-monsoon.
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Russian Urals Crude Gains Ground in Asia as U.S.–India Trade Tensions Escalate
Russian Urals crude maintains a strong pricing edge over Saudi grades, reshaping Asian trade flows. China and India increase reliance on discounted Russian barrels, while U.S. tariffs on Indian imports raise geopolitical tension. Saudi Aramco adjusts supplies to defend market share. Competitive pricing and politics drive short-term crude market trends.
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Crude and Bitumen Prices Ease Amid Weak Demand, Stockpile Surge
Crude oil and bitumen prices softened amid weak demand and rising stockpiles, especially in the U.S. Trade tensions and geopolitical uncertainties added further downward pressure. Bitumen prices in Europe dipped slightly, while Bahrain held steady. Markets remain volatile, with investor sentiment cautious ahead of further trade and policy developments.
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Tariff Turbulence Hits Oil Trade: Indian Refiners Navigate Pressure from U.S. and EU Sanctions
India's oil market remains tight as refiners rush to replace Russian crude amid geopolitical tensions and Western scrutiny. Brent and WTI prices remain steady, but Indian bitumen prices vary across grades and locations. Urgent tenders and sourcing shifts point to rising procurement costs and heightened volatility in global energy markets.
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Oil Market Gains Amid US Crude Draw and Russian Export Cuts
Bitumen and base oil prices showed mixed regional trends, with sharp drops in VG40 and firm furnace oil rates. Crude oil markets strengthened on falling U.S. inventories and Russian export cuts. Despite temporary supply easing from Venezuela, global prices are expected to remain firm, supported by supply constraints and geopolitical developments.
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Rosneft-EU Sanctions Impact on Indian Refining and Oil Trade
Despite EU sanctions on Nayara Energy, India’s bitumen and base oil markets remain stable. Prices hold firm, driven by strong domestic demand and steady supply. While geopolitical risks may impact long-term trade dynamics, India’s neutral stance and Nayara’s independent operations help maintain short-term stability in oil product availability and pricing.
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Impact of Israel-Iran Conflict on Bitumen and Oil Prices
Bitumen prices across global markets show mixed trends as early monsoon weakens Indian demand while geopolitical instability, especially the Israel-Iran conflict, tightens supply. Crude volatility and force majeure conditions in Iran are disrupting export flows, with Europe and China facing upward pressure. Market participants must brace for heightened price and supply risks.
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Crude Oil Price Drop and Its Ripple Effect on Indian Oil Companies
Oil prices fell nearly 5% to $65.72/bbl following the Iran-Israel ceasefire, relieving pressure on Indian refiners but straining upstream firms like ONGC and Oil India. Domestic petroleum prices remained steady. Refining margins improved due to lower input costs, but global demand hesitancy and high inventories continue to weigh on market sentiment.
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India Weighs Export Cuts Amid Hormuz Blockade Threat
Petroleum product prices in India remain steady amid geopolitical tensions in the Middle East. While supply is currently uninterrupted, the threat of a Strait of Hormuz blockade is prompting India to prepare contingency plans, including export curbs. Strategic reserves and sourcing diversification may shield domestic markets from immediate disruption, but global pricing remains volatile.
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