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...
LEARN MOREAccording 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...
LEARN MOREAccording to WPB, the Nashik Municipal Corporation has reportedly sought a dedicated allocation of approximately 120,000 metric tonnes of bitumen for...
LEARN MOREAccording 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...
LEARN MOREAccording 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 ...
LEARN MOREAs of 11 August 2026, the global bitumen market remains highly sensitive to freight availability, insurance conditions, port basis, and regional supp...
LEARN MOREAccording 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...
LEARN MOREAccording 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�...
LEARN MOREAccording to WPB, India’s bitumen market has delivered its first clear positive year-on-year demand signal after several months of severe supply di...
LEARN MOREAccording 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...
LEARN MOREAccording to WPB, Iran’s main crude-export terminal has entered one of its longest periods of inactivity since the current regional conflict began....
LEARN MOREAccording to WPB, Europe’s next major bitumen transportation problem may develop far from the maritime routes that have dominated market attention....
LEARN MOREAccording to WPB, Iran’s proposal to control inbound traffic through the Strait of Hormuz while receiving advance information about outbound vessel...
LEARN MOREAccording to WPB, Iraq’s decision to offer discounts approaching $30 per barrel on August-loading Basrah crude provides a direct measure of the com...
LEARN MOREAccording to WPB, the latest operating results from ExxonMobil and Chevron indicate that diesel and other high-margin transport fuels will remain the...
LEARN MOREAccording 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...
LEARN MOREAccording to WPB, Iran and Iraq are reviewing and expanding a wide range of maritime, pipeline, road, rail and multimodal export routes as disruption...
LEARN MOREAccording to WPB, Iraq’s new export corridor through Syria has moved from an emergency response into a functioning Mediterranean trade route. Iraqi...
LEARN MOREAccording 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�...
LEARN MOREAccording to WPB, India’s bitumen market is undergoing a structural adjustment that extends well beyond a temporary fall in imports. Road demand re...
LEARN MOREAccording 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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