Monday, Aug 17, 2026

The World of Petroleum and Bitumen

The July 2026 Issue of WPB Journal

The July 2026 Issue of WPB Journal

MAGAZINES

Partners

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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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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America Is Pulling Residue From Malaysia: A New Threat to Asian Bitumen Supply?

According to WPB, a shipment of more than 540,000 barrels of low-sulfur straight-run fuel oil from Malaysia is crossing the Pacific toward a U.S. Wes...

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ADNOC Is Rewriting the Gulf Trading Playbook: Should Bitumen Exporters Do the Same?

According to WPB, ADNOC is changing the way Gulf crude oil reaches the market, moving beyond the traditional model in which a producer sells a cargo ...

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Global Bitumen Price _ Week 2 of August 2026

As of 11 August 2026, the global bitumen market remains highly sensitive to freight availability, insurance conditions, port basis, and regional supp...

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Maersk and Hapag-Lloyd Expand Their Return to Suez: What It Means for Containerized Bitumen Trade

According to WPB, the return of major container shipping lines to the Red Sea and Suez Canal has moved another step from testing the route toward put...

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The Red Sea Bypass Is Under Attack: Jazan Refinery and Mocha Port Strikes Raise New Risks for Bitumen Shipping

According to WPB, the Red Sea is becoming a more difficult answer to the Strait of Hormuz problem. Attacks reported on August 9 against Saudi Arabia�...

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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 di...

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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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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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The Rhine Is Drying Up: Europe’s Next Bitumen Logistics Crisis Is Inland, Not at Sea

According to WPB, Europe’s next major bitumen transportation problem may develop far from the maritime routes that have dominated market attention....

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Iran Wants Control of Hormuz’s Inbound Lane. What Would a Managed Reopening Mean for Bitumen Shipping?

According to WPB, Iran’s proposal to control inbound traffic through the Strait of Hormuz while receiving advance information about outbound vessel...

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Iraq Is Discounting Crude by Nearly $30 to Get It Through Hormuz. What Happens to Bitumen?

According to WPB, Iraq’s decision to offer discounts approaching $30 per barrel on August-loading Basrah crude provides a direct measure of the com...

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Diesel Comes First: Why Record Refining Margins Could Keep Bitumen Supply Tight

According to WPB, the latest operating results from ExxonMobil and Chevron indicate that diesel and other high-margin transport fuels will remain the...

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The Risk Has Moved to Hormuz’s Doorstep: What Two Tanker Incidents off Oman Mean for Bitumen Shipping

According to WPB, two tanker incidents reported off northern Oman on August 1 have added a new layer of risk to commercial shipping at the entrance t...

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All Oil and Bitumen Export Routes from Iran and Iraq to Asia, Africa and Europe

According to WPB, Iran and Iraq are reviewing and expanding a wide range of maritime, pipeline, road, rail and multimodal export routes as disruption...

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Iraq’s Baniyas Corridor Is Open for Fuel Oil. Could Bitumen Be the Next Cargo?

According to WPB, Iraq’s new export corridor through Syria has moved from an emergency response into a functioning Mediterranean trade route. Iraqi...

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Australia’s First New Refinery in 60 Years Could Redraw the Regional Bitumen Map

According to WPB, Australia’s decision to fund an early-stage study into a new large-scale oil refinery marks a significant change in the country�...

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India’s Bitumen Supply Model Is Being Rewritten Under Pressure

According to WPB, India’s bitumen market is undergoing a structural adjustment that extends well beyond a temporary fall in imports. Road demand re...

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The Global Bitumen Market Enters a Regional Era

According to WPB, recent developments across the energy and logistics sectors suggest that the international bitumen trade is entering a new phase. T...

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