Surging Oil Prices Could Spark A Global Recession
The already month-long Russian war in Ukraine has upended analyst outlooks of the global economy this year. Forecasts quickly shifted from a robust post-COVID rebound to rising chances of a full-blown global recession due to spiking energy prices, broken supply chains, and tight global oil supplies.
Different Types of Bitumen Package + Video
Bitumen is a thick, black crude oil and the packaging is a significant concern in transporting the cargo. Generally, there are various packaging types, depending on the cargo scale, bitumen grade, and the shipping method. Three types of bitumen packaging are Jumbo bag, new steel drum and Bulk.
Jam Petrochemical Complex are likely to go on the maintenance overhaul from mid-October
Authorized sources announced that the Jam Petrochemical Complex, one of the largest petrochemical complex in Iran, is going to an overhaul maintenance according to the planned schedule of mid-October.