The last Bitumen Buzz of the Year 2015 into 2016
The time has come for an end of the year trading round up or rather The last Bitumen Buzz of the Year 2015 . Let’s review some of the highlights from the last decade that took place in the Bitumen Industry and what we can learn from our commerce in 2015 for the upcoming year 2016 and beyond.
Oil prices fell by about 50 percent since this June. Both Supply and demand factors contributed to the sharp drop in oil prices, but excessive output played a more prominent role in this incident. Falling oil prices has created a downward pressure for the Bitumen Industry, with buyers expecting bitumen prices to drop on weekly basis.