Tuesday, Aug 18, 2026

The World of Petroleum and Bitumen

The July 2026 Issue of WPB Journal

The July 2026 Issue of WPB Journal

MAGAZINES

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China Bitumen Jumps Again: Is Asia Entering a New Price Leg Higher?

According to WPB, China’s bitumen benchmark moved higher again on August 17, 2026, strengthening the argument that Asia may be entering another upward phase in bitumen pricing. An earlier market reading during the session placed the benc...

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Crude Is Getting Cheaper, But Refining Is Still Tight: Why Bitumen May Not Follow Oil Lower

According to WPB, the most important constraint in today’s oil market may no longer be the availability of crude alone. The pressure is increasingl...

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Hormuz Nears Zero Tracked Traffic: Is FOB Gulf Losing Meaning for Bitumen Buyers?

According to WPB, the Strait of Hormuz is approaching a point where the conventional way of pricing Gulf bitumen may no longer tell buyers enough abo...

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Indonesia Wants to Replace Imported Bitumen: Could Buton Asphalt Reshape Southeast Asian Trade?

According to WPB, Indonesia is moving from a long-discussed ambition to reduce imported bitumen toward a more structured domestic-substitution policy...

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India’s Nashik Seeks 120,000 Tonnes of Bitumen: Could Kumbh Roadworks Tighten the Domestic Market?

According to WPB, the Nashik Municipal Corporation has reportedly sought a dedicated allocation of approximately 120,000 metric tonnes of bitumen for...

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Asia Is Overpaying for Crude to Escape Hormuz: Is Bitumen About to Pay the Price?

According to WPB, at least four Asian refiners have purchased U.S. crude oil for delivery later this year as the normal flow of Middle Eastern supply...

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