Monday, Aug 10, 2026

The World of Petroleum and Bitumen

The July 2026 Issue of WPB Journal

The July 2026 Issue of WPB Journal

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India’s Bitumen Demand Is Growing Again: July Consumption Rises 8.5% Despite Monsoon Pressure

According to WPB, India’s bitumen market has delivered its first clear positive year-on-year demand signal after several months of severe supply disruption and weak consumption. Oil ministry data released on August 6 show that bitumen co...

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Iraq’s Oil Exports Have Fallen 75%: Hormuz Is Pushing Baghdad Toward Alternative Routes

According to WPB, Iraq’s oil minister said on August 8 that the country’s crude exports have fallen by 75% from prewar levels as restrictions at ...

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Iran’s Main Oil Export Hub Has Gone Quiet: What a Week Without Tankers at Kharg Means for Bitumen

According to WPB, Iran’s main crude-export terminal has entered one of its longest periods of inactivity since the current regional conflict began....

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A 100% Tariff Threat Is Now on the Table: Could New U.S. Sanctions Reshape Russian Oil and Bitumen Trade?

According to WPB, the risk of a new and potentially powerful layer of U.S. pressure on Russian energy trade has moved into a much more serious legisl...

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The Red Sea Is No Longer the Safe Alternative: Tanker Attacks near Yanbu and a Collapse in Chokepoint Traffic

According to WPB, the sharp decline in vessel movements through both the Strait of Hormuz and Bab el-Mandeb indicates that the Middle East shipping c...

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China Reopens the Fuel Export Tap: Will Higher Refinery Runs Increase or Reduce Asian Bitumen Supply?

According to WPB, China’s decision to temporarily authorize about 2.7 million metric tons of refined-fuel exports in August introduces a new variab...

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