Bitumenmag

Indian Bitumen Prices Jump Again as Refinery Hikes Outpace Demand Recovery

Sep 19, 2026

According to WPB, Indian refiners have raised domestic bitumen prices for the second time in September, with VG30 increasing by around $28/MT and VG4...

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Singapore Bitumen Exports Plunge 62.5% as Feedstock Shortage Pushes Market Back to $660/MT

Sep 19, 2026

According to WPB, Singapore’s bitumen market is facing a deeper physical supply squeeze, with exports falling 62.5% year on year between April and ...

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Saudi Arabia Targets 50% East–West Pipeline Restart Within Days, Full Recovery Seen by Late October

Sep 17, 2026

According to WPB, Saudi Arabia is seeking to restore around half of the capacity of its damaged East–West Pipeline within days, while full recovery...

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U.S. House Clears Up-to-100% Tariff Powers as India Vows to Protect Energy Security

Sep 17, 2026

According to WPB, legislation that could expose major buyers of Russian energy to U.S. tariffs of up to 100% has moved one step closer to taking effe...

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Polish Bitumen Supply Surge Pushes Central Europe Deeper Into Surplus

Sep 15, 2026

According to WPB, Central Europe’s bitumen market is moving deeper into surplus as higher refinery output in Poland and the Czech Republic meets de...

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Gulf Crude Exports Climb Back Above 10 Million Bpd as Shipping Adapts to Hormuz Disruption

Sep 13, 2026

According to WPB, crude oil exports from major Gulf producers have climbed back above 10 million barrels per day for the first time in roughly two mo...

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Saudi Arabia’s Key Hormuz Bypass Goes Offline After Drone Attack on East–West Pipeline

Sep 12, 2026

According to WPB, Saudi Arabia has temporarily shut its strategic East–West Pipeline following multiple drone attacks, taking one of the Middle Eas...

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Gulf States and Iran Open High-Level Talks on Temporary Hormuz Shipping Framework

Sep 11, 2026

According to WPB, Gulf Cooperation Council foreign ministers are preparing to meet Iranian Foreign Minister Abbas Araghchi in Salalah, Oman, in a new...

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OPEC Output Drops 640,000 Bpd as Middle East Disruptions Override Planned Supply Increase

Sep 10, 2026

According to WPB, OPEC crude oil production fell by 640,000 barrels per day in August, showing how Middle East disruptions effectively erased a plann...

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Hormuz Transit Costs Surge to $10–20 Million as War-Risk Premiums Hit 10% of Cargo Value

Sep 09, 2026

According to WPB, the cost of moving an oil cargo through the Strait of Hormuz has climbed to as much as $10 million to $20 million in some cases, pr...

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Physical Oil Tightness Deepens as Middle East Crude Exports Remain 7 Million Bpd Below Pre-War Levels

Sep 08, 2026

According to WPB, the global physical oil market remains substantially tighter than headline futures prices suggest, with Middle East crude exports s...

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UAE Builds New Hormuz-Bypass Trade Corridors, but Bitumen Still Needs Dedicated Logistics

Sep 08, 2026

According to WPB, the United Arab Emirates is accelerating the expansion of ports, pipelines and alternative trade corridors outside the Strait of Ho...

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Global Bitumen Price – Week 1 of September 2026

Sep 07, 2026

Global bitumen markets entered the first week of September with a sharply divided regional pattern. Iranian 60/70 prices moved sharply lower, with dr...

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OPEC+ Freezes October Output Policy as Hormuz Disruption Limits Physical Supply

Sep 07, 2026

According to WPB, OPEC+ has formally halted further production increases for October, leaving required output unchanged as disruptions to Middle East...

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Bunker Fuel Jumps 76% as Refiners Cut Fuel Oil Output, Adding New Cost Pressure to Bitumen Shipping

Sep 07, 2026

According to WPB, a tightening global fuel-oil market is creating a new source of cost pressure for bitumen shipping as refinery disruptions, reduced...

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Hormuz Route Risk Escalates as Iran Says It Targeted Three Tankers Using Unauthorized Passage

Sep 06, 2026

According to WPB, maritime risk in the Strait of Hormuz has escalated further after Iran’s Islamic Revolutionary Guard Corps Navy said it targeted ...

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India Faces a Post-Monsoon Bitumen Test as Road Awards Rise and Supply Stays Tight

Sep 06, 2026

According to WPB, India’s road sector is approaching a potentially difficult post-monsoon period as high bitumen prices and disrupted availability ...

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South Korea Weighs Military Options to Support Hormuz Navigation as Asian Energy Security Risks Rise

Sep 05, 2026

According to WPB, South Korea is reviewing practical measures to support freedom of navigation through the Strait of Hormuz, including options that c...

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Iran’s Oil Loadings Fall 85% as Maritime and Financial Pressure Squeezes Export Execution

Sep 05, 2026

According to WPB, Iranian crude loadings have fallen to approximately 260,000 barrels per day in the current September period, providing one of the c...

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Operational Disruption Hits South Africa’s Bitumen-Producing Natref Refinery

Sep 03, 2026

According to WPB, South Africa’s Natref refinery has reported an operational disruption that affected refinery production and product supply, placi...

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