Mohammad Javad Darestani

December 8, 2024

Despite the OPEC+ decision, oil prices were set for a weekly decline.

Oil prices declined due to concerns over a supply glut and reduced demand next year, despite the extension of OPEC+ production cuts.
December 2, 2024

Oil prices dropped over the week due to reduced supply concerns.

Following the announcement of a ceasefire between Israel and Hezbollah and analysts' forecasts of increased supply in 2025, oil prices declined this week despite the onset of tensions in Syria.
November 11, 2024

Weekly increase in oil prices despite the decline on Friday.

Although oil prices ended the week on an upward trend, they experienced a noticeable decline on Friday due to reduced concerns about the impact of Hurricane Rafael on oil and gas infrastructure in the U.S.
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 […]
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 (Pen)

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. […]
July 30, 2024

Blown Bitumen

If in the oil refining process in the vacuum distillation tower, the separation of light cuts from heavy cuts at the end of the tower is […]
July 30, 2024

Petroleum Bitumen

Petroleum bitumen is obtained from the distillation of crude oil in the refinery. First, the crude oil is heated to 300 to 350 ° C in […]
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