Monday, Sep 07, 2026

The World of Petroleum and Bitumen

The August 2026 Issue of WPB Journal

The August 2026 Issue of WPB Journal

MAGAZINES

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OPEC+ Freezes October Output Policy as Hormuz Disruption Limits Physical Supply

According to WPB, OPEC+ has formally halted further production increases for October, leaving required output unchanged as disruptions to Middle Eastern exports increasingly weaken the connection between official production targets and the...

OIL AND PETROLEUM

Last News

Bunker Fuel Jumps 76% as Refiners Cut Fuel Oil Output, Adding New Cost Pressure to Bitumen Shipping

According to WPB, a tightening global fuel-oil market is creating a new source of cost pressure for bitumen shipping as refinery disruptions, reduced...

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India Faces a Post-Monsoon Bitumen Test as Road Awards Rise and Supply Stays Tight

According to WPB, India’s road sector is approaching a potentially difficult post-monsoon period as high bitumen prices and disrupted availability ...

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Hormuz Route Risk Escalates as Iran Says It Targeted Three Tankers Using Unauthorized Passage

According to WPB, maritime risk in the Strait of Hormuz has escalated further after Iran’s Islamic Revolutionary Guard Corps Navy said it targeted ...

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Iran’s Oil Loadings Fall 85% as Maritime and Financial Pressure Squeezes Export Execution

According to WPB, Iranian crude loadings have fallen to approximately 260,000 barrels per day in the current September period, providing one of the c...

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South Korea Weighs Military Options to Support Hormuz Navigation as Asian Energy Security Risks Rise

According to WPB, South Korea is reviewing practical measures to support freedom of navigation through the Strait of Hormuz, including options that c...

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