Monday, Oct 19, 2026

The World of Petroleum and Bitumen

The September 2026 Issue of WPB Journal

The September 2026 Issue of WPB Journal

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India Bitumen Consumption Jumps 34.7% in September as Post-Monsoon Demand Returns

According to WPB, India’s domestic bitumen consumption rebounded sharply in September, rising to approximately 0.59 million metric tons from 0.44 million tons in August as road-paving activity began to recover from the monsoon slowdown. ...

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Supertanker Rates Retreat From Record Highs as Gulf of Oman Demand Softens

According to WPB, global supertanker freight rates have begun to retreat from record highs, with the benchmark for Very Large Crude Carriers moving o...

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Azerbaijan Produces 126,400 MT of Bitumen in Nine Months as Output Remains One-Third Below 2025

According to WPB, Azerbaijan produced 126,400 metric tons of petroleum bitumen during the first nine months of 2026, down 33.8% from the same period ...

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Global Bunker Fuel Buying Shifts Away From Fujairah as Middle East War Drives Prices Over 70% Higher

According to WPB, the Middle East war is reshaping the global marine-fuel market as bunker prices remain more than 70% above pre-war levels, shipowne...

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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 ...

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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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