Friday, Oct 16, 2026

The World of Petroleum and Bitumen

The September 2026 Issue of WPB Journal

The September 2026 Issue of WPB Journal

MAGAZINES

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GFS Pride Sinks Near Hormuz as Four Commercial Ships Are Hit in Fresh Attack Wave

According to WPB, the Singapore-flagged container ship GFS PRIDE has sunk near the Strait of Hormuz after sustaining damage and catching fire during a fresh wave of attacks on commercial shipping, while three other vessels were targeted du...

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China Bitumen Prices Ease to CNY 6,334/MT Despite 70% Year-on-Year Drop in Commercial Inventories

According to WPB, China’s domestic bitumen market has begun to ease from the extreme price levels reached after the September and early-October ral...

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Armenian Bitumen Buyers Report Prices Above $600/MT as Import Availability Tightens

According to WPB, road contractors in Armenia are reporting a sharp deterioration in bitumen availability, with market prices rising from approximate...

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Iran Reportedly Expands Maritime Attack Strategy Beyond Hormuz as Five Shipping Incidents Emerge in 48 Hours

According to WPB, maritime security risks around the Strait of Hormuz may be entering a broader phase after at least five incidents involving tankers...

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Saudi Arabia Targets 10 Million BPD Pipeline Export Capacity as Hormuz Bypass Strategy Expands

According to WPB, Saudi Arabia plans to raise its crude-oil export capacity through pipelines to as much as 10 million barrels per day over the next ...

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Kazakhstan Cuts October Bitumen Plan to 135,000 MT as Producer Price Gap Reaches 85,000 Tenge

According to WPB, Kazakhstan’s three major road-bitumen producers plan to produce a combined 135,000 metric tons in October, down from the 140,000 ...

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