The bitumen market experienced severe fluctuations during the last 100 weeks and at least four influential factors affected the market.

Bitumen market fluctuations have been a heavy burden since the onset of the Covid Pandemic. Recently, the number of volatility factors has grown with the inflation issues and the WWIII threat.

Sanctions are reducing Russia's 5 million tons share of the bitumen market. Russian refineries are closing and their customers are seeking new suppliers.

Factors contributing to bitumen price volatility

Will Bitumen Price Rise Further?

Unstable Freights Troubling Traders

EnviroXtract (Pink Sheets: EVXA) is pleased to announce that the Company has recently generated renewed Canadian interest in its 'green' environmental oil sands extraction and upgrading technology applications.