Operational Efficiency

Operational Efficiency is becoming increasingly important across global construction, infrastructure and industrial technology, influencing how projects are visualised, coordinated, delivered and managed over time.

The Oil Price Shock Must Accelerate AI Adoption in Construction

Posted by Anthony Davis

|May 09, 2026

The Oil Price Shock Must Accelerate AI Adoption in Construction

The geopolitical uncertainty that has engulfed economies since the end of February has hit construction companies hard on the back of rising fuel costs. But it might just...

Weekly Spot Prices - 04 Sep 2026

Indicative weekly spot prices for 60/70 grade. Actual delivered costs vary by packaging, logistics and duties.

Region	USD/tonne	Trend
Middle East · FOB (drums)	570	▲
Europe · Delivered	714	▲
Asia · Delivered (bulk)	555	▼
USA · Bulk	670	▲

➤ Request Today’s Bitumen Quote ➤

Fast response — global suppliers (international network)

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

You Don’t Need to Market Like a Multinational Anymore

ASTM Moves Standards Upstream as Emerging Technologies Converge

Develon Refines DX35Z-7 Mini Excavator for Confined-Site Work

When Worn Traffic Signs Become an AI Problem

Carbon-Fibre Dust Puts Electric Compressor Design to the Test at Hexcel

Bentley Builds on Cesium with New Philadelphia Technology Hub

Command Alkon Turns 50 as Heavy Materials Software Moves to the Cloud

Commercial UAV Expo Winners Focus on the Practical Future of Drone Operations

Geo Connect Asia Takes Geospatial Engagement Across ASEAN Ahead of Singapore 2027

Volvo Electric Machines Put Nuremberg’s Zero-Emission Tender to the Test

Construction Risk and Dispute Resolution in Focus at CCDRF 2026 Abu Dhabi

Tracking Infrastructure Stability From Space

IGIC 2026 Tackles the Ground Beneath Saudi Arabia’s Mega Projects

Pasig River Digital Twin Builds a Shared Picture of Plastic Pollution

Baku’s Transport Investment Sets the Stage for Road & Traffic 2026

Senegal Expands Agricultural Road Network with $140m Financing

Magnetic Thermal Textile Targets Overheated Railway Tracks

Sovereign AI Brings Intelligence Back Inside Critical Infrastructure

Zeroth Bridge Takes the Humanoid Robot into Developer Territory

Molten Salt Electrolysis Targets America’s Heavy Rare Earth Processing Gap

Operational Efficiency

The Oil Price Shock Must Accelerate AI Adoption in Construction

Operational Efficiency

Related topics

Related companies

Yanmar Construction Equipment

HD Hyundai Construction Equipment