Bitumenmag

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

Sep 07, 2026

According to WPB, OPEC+ has formally halted further production increases for October, leaving required output unchanged as disruptions to Middle East...

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

Sep 07, 2026

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

Sep 05, 2026

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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Iran Says Foreign Trade Has Fallen 35% as Sanctions and Maritime Restrictions Tighten Export Channels

Aug 29, 2026

According to WPB, Iran’s president has said the country’s exports and imports have fallen by nearly 35% under the combined pressure of U.S. sanct...

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A Tenth of Global Refining Capacity Is Disrupted as the Heavy-Products Squeeze Deepens

Aug 26, 2026

According to WPB, the global oil market has entered a more dangerous phase in which disruption is no longer concentrated around a single producer, re...

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Asia’s Fuel Squeeze Deepens as Singapore Gasoil Margins Jump 226%

Aug 24, 2026

According to WPB, Asia’s refined-fuel shortage is becoming increasingly visible in Southeast Asia, with imports of light and middle distillates fal...

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Iraq Just Approved a Three-Month Hormuz Bypass: Could Its Bitumen Trade Be Next to Move Outside the Gulf?

Aug 19, 2026

According to WPB, Iraq has moved its search for alternatives to the Strait of Hormuz from emergency planning toward a defined commercial mechanism. O...

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

Aug 18, 2026

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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Iraq’s Oil Exports Have Fallen 75%: Hormuz Is Pushing Baghdad Toward Alternative Routes

Aug 09, 2026

According to WPB, Iraq’s oil minister said on August 8 that the country’s crude exports have fallen by 75% from prewar levels as restrictions at ...

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A 100% Tariff Threat Is Now on the Table: Could New U.S. Sanctions Reshape Russian Oil and Bitumen Trade?

Aug 08, 2026

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

Aug 08, 2026

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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China Reopens the Fuel Export Tap: Will Higher Refinery Runs Increase or Reduce Asian Bitumen Supply?

Aug 06, 2026

According to WPB, China’s decision to temporarily authorize about 2.7 million metric tons of refined-fuel exports in August introduces a new variab...

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

Aug 03, 2026

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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Oil Prices Fall After the U.S. Suspends Iran Strike and Shifts Focus to a Hormuz Agreement

Aug 03, 2026

According to WPB, oil prices fell sharply on August 3 after the United States suspended a planned military attack on Iran and shifted its immediate f...

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

Aug 01, 2026

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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Asian Refiners Pay Premiums for Abu Dhabi Crude as Hormuz Supply Tightens

Jul 30, 2026

According to WPB, ADNOC’s seventh crude tender since the beginning of June has confirmed that Asian refiners are paying a measurable premium for su...

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

Jul 29, 2026

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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After Another Refinery Strike, Is Russia Losing Control of Its Fuel Supply Chain?

Jul 26, 2026

According to WPB, the latest drone strike targeting Russia’s Tyumen refinery has once again drawn attention to a question that extends far beyond t...

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Why Saudi Arabia Is Quietly Redrawing Its Oil Export Map While Hormuz Traffic Stays Under Pressure

Jul 25, 2026

According to WPB, the latest changes in Middle Eastern oil logistics suggest that energy exporters are adjusting their long-term transportation strat...

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Black Sea in Flames: Attack Strikes at the Heart of Kazakhstan’s Oil Exports

Jul 20, 2026

According to WPB, the recent suspension of oil loading at the Caspian Pipeline Consortium’s Black Sea terminal carries significance for global crud...

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