Mohammad Javad Darestani

October 13, 2024

Geopolitical Risk Pushed Oil Prices Toward a Weekly Gain.

Despite a slight dip on Friday, oil prices rose for a second straight week on tensions in the Middle East and fears of a widespread supply disruption.
September 23, 2024

Significant growth in oil prices last week.

Oil prices dipped on Friday but poised to record a second consecutive weekly gain, driven by a significant reduction in U.S. interest rates and decreasing global stockpiles.
September 14, 2024

Asphalt Cement Grade Bitumen (AC)

Asphalt cement grade of bitumen is one of the main categories of viscosity grade bitumen in which the viscosity of the standard bitumen is measured at […]
September 8, 2024

As economic concerns increased in China and the US, weekly oil prices fell.

Oil prices were on a sharp weekly decline on Friday as demand concerns in China and US outweighed a delay to supply increases by OPEC+ producers.
August 25, 2024

Despite the drop in oil prices last week, the price of oil went up in the last two days of the week.

Despite gains on Thursday and Friday, oil prices have faced downward pressure throughout the week on fears of a slowdown in economic growth in China.
August 4, 2024

Oil prices hit their lowest level since January.

Oil prices fell on Friday, hitting their lowest levels since January, following the release of weak economic data from the United States and China. At their […]
July 31, 2024

Performance Grade Bitumen (PG)

Performance Grade (PG) bitumen is graded based on its performance characteristics at varioustemperatures. The Long-Term Pavement Performance (LTPP) program has developed a specific algorithm to estimate […]
July 31, 2024

Viscosity Grade Bitumen (VG)

Viscosity Grade Bitumen is a standard grade Bitumen, manufactured from a fractional / vacuumdistillation of crude oil, which practical appliance and behavior varies according to its […]
July 31, 2024

Penetration Grade Bitumen

The penetration grades bitumen is a kind of blown bitumen which is produced by different viscosity. It is graded based on its performance at different  temperatures. […]
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