Sunday, Nov 15, 2026

The World of Petroleum and Bitumen

The October 2026 Issue of WPB Journal

The October 2026 Issue of WPB Journal

MAGAZINES

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US Asphalt and Road Oil Inventories Fall to 19.6 Million Barrels After 19 Consecutive Weekly Declines

According to WPB, US inventories of asphalt and road oil declined to 19.595 million barrels in the reporting period ending November 6, 2026, extendin...

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Ukraine's Bitumen Imports Surge 65% to 262,000 Tons as Road Repairs Accelerate

According to WPB, Ukraine's imports of road-grade bitumen increased by 65% during the first ten months of 2026, reaching 262,000 metric tons compared...

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November Bitumen Prices 2026: Iran Jumps $25 as South Korea Drops $40 and Europe Slides

November bitumen prices 2026 split sharply as Iran FOB rises to USD 425/MT, South Korea drops USD 40, India VG30 reaches USD 745 and European CFR pri...

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Singapore Bitumen Supply Faces Further Pressure as December Production Outlook Weakens

According to WPB, Singapore's bitumen market faces renewed supply pressure after expectations of a production recovery in December 2026 weakened sign...

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China's Bitumen Prices Fall 1.6% as Jiangsu and Zhejiang Lead Market Declines

According to WPB, China's domestic bitumen market recorded another significant price decline on November 11, 2026, as weakening seasonal demand and g...

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Oil Prices Rise as Security Concerns Intensify in the Strait of Hormuz

According to WPB, global oil prices rebounded on November 11, 2026, as renewed concerns over attacks on commercial vessels in the Strait of Hormuz ou...

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Iranian Bitumen Exports Face New Pressure as Land and Rail Corridors Remain Operational

According to WPB, Iranian bitumen exporters are facing increasing logistical and regulatory pressure as the US maritime blockade continues to disrupt...

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Iranian Researchers Boost Laboratory Asphalt Fatigue Life by 295% Using Recycled PET Aggregates

According to WPB, researchers from Iran University of Science and Technology and Khayyam University have achieved a 295% increase in the laboratory f...

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North American Bitumen Prices Decline Across Multiple Regions in Early November

According to WPB, bitumen prices declined across several major markets in the United States and Canada during the week ending November 6, 2026, as re...

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Thailand Builds 3.5-Km Road Using Recycled Plastic and Biochar, With Estimated 90-Ton CO₂e Savings

According to WPB, researchers at Chiang Mai University in Thailand have developed and implemented an innovative road construction system that incorpo...

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New AI Model Achieves R² of 0.91 in Predicting Asphalt Pavement Damage

According to WPB, researchers in China have developed a new artificial intelligence model that combines pavement damage mechanics with machine learni...

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Steel Slag and Microwave Heating Help Asphalt Achieve 84.7% Healing Index in Laboratory Tests

According to WPB, a new scientific study has demonstrated that incorporating steel slag powder into asphalt mixtures can significantly improve their ...

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Italy Grants Patent for New Asphalt Additive Designed to Improve Porous Pavement Durability

According to WPB, researchers at the University of Parma, working with Italian construction materials manufacturer Mapei and motorway operator Brebem...

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India's Bitumen Consumption Jumps 19.3% in October to 704,000 Tons

According to WPB, India's bitumen consumption surged to 704,000 metric tons in October 2026, marking a 19.3% increase from September and a 16.6% rise...

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Japan Tests Petroleum-Free Asphalt on Public Road Using Cashew Shell-Based Binder

According to WPB, Japanese road construction company Nippon Road has completed a public-road trial of an innovative asphalt paving material designed ...

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Smart Microcapsules Achieve 99% Bitumen Self-Healing Using Waste Soybean Oil

According to WPB, researchers have developed a new generation of multifunctional microcapsules capable of protecting bitumen against ultraviolet agin...

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Shandong Bitumen Prices Fall 80 Yuan as Spot Supply Increases and Demand Weakens

According to WPB, bitumen prices in China's Shandong province fell sharply on November 6, 2026, as increased spot availability and weak downstream pu...

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November Bitumen Prices Open With a Split Market: Gulf Hubs Rise as Asia Diverges

November bitumen prices open with major regional differences as Iran softens, Jebel Ali and Mersin rise, China recovers, Singapore stays high and Ind...

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US Sanctions Fake-Flag Shipping Network Linked to Iranian Oil Tankers

According to WPB, the United States has imposed new sanctions on an India-based maritime network accused of supplying fraudulent ship registrations, ...

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France Turns to More Bitumen Imports as Refinery Maintenance Restricts Domestic Supply

According to WPB, France has increased its imports of bitumen cargoes as refinery maintenance reduces domestic production and limits the availability...

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