Sunday, Jul 19, 2026

The World of Petroleum and Bitumen

The June Issue of WPB Journal

The June Issue of WPB Journal

MAGAZINES

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Black Quarantine in Kazakhstan: Bitumen Exports Banned!

According to WPB, Kazakhstan’s recently proposed restriction on petroleum bitumen exports beyond the Eurasian Economic Union is unlikely to disrupt...

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Global Bitumen Price _ Week 3 of July 2026

The global geopolitical landscape, particularly concerning the Strait of Hormuz, is currently defined by significant atmospheric uncertainty. However...

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Indonesia’s Big Shock to the Global Bitumen Market; Imports Are on the Way Down!

According to WPB, Indonesia’s new requirement for processed Buton asphalt carries consequences far beyond domestic road procurement. The country im...

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Drone Strike on Salavat; Is Russia’s Bitumen Market Entering a Crisis Phase?

According to WPB, The July 14 drone strike on the Gazprom Neftekhim Salavat complex is unlikely, on its own, to alter global crude benchmarks, but it...

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The Hormuz Paradox: Why Political Reopening Cannot Restore Commercial Viability for Bitumen Exports

According to WPB, the latest confrontation around the Strait of Hormuz has immediate consequences for the Middle East, Asia and the wider global econ...

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Collapse of the Traditional Model: How Biochar Disrupts Oil Monopoly in the Bitumen Market

According to WPB, A ten-year commercial program between Verde Renewables and Ergon Asphalt & Emulsions has introduced a new business case for biochar...

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Turkmenistan’s 39.9% Bitumen Surge: Is It Real or Just a Media Showcase?

According to WPB, Turkmenistan’s newly released first-half production data introduces an additional source of bitumen supply at a time when road co...

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Venezuela’s Return to the Energy Equation; A New Variable to the Bitumen Market!

According to WPB, Political developments surrounding Venezuela have once again become relevant to energy markets beyond Latin America, with implicati...

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The 2026 Nightmare: Why Global Road Construction Projects Could Grind to a Halt This Year!

According to WPB, the global bitumen industry entered the second week of July 2026 with a combination of refinery shutdowns, restricted processing ca...

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Global Bitumen Price _ Week 2 of July 2026

The global bitumen market is currently experiencing a period of profound instability, fundamentally driven by heightened geopolitical volatility surr...

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The End of Commodity Bitumen: Europe rejects tech-free products!

According to WPB, Recent developments in Europe’s summer infrastructure debate have placed road durability, asphalt performance and modified bitume...

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Ceasefire is over! The bitumen supply chain has entered crisis

According to WPB, renewed military exchanges between the United States and Iran have brought immediate attention back to the energy security of the G...

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The end of the traditional bitumen trade? Istanbul’s municipal strategy disrupts the supply chain!

According to WPB, the opening of ARFALT in Istanbul’s Arnavutköy district has limited immediate consequences for global bitumen trade, but it carr...

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Australian bitumen market

According to WPB, Australia’s bitumen market matters beyond its own road-building cycle because it draws cargoes from the same Asia-Pacific refinin...

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Global Bitumen Price _ Week 1 of July 2026

The global bitumen market, during the week 1 of July 2026, has been characterized by significant price instability directly attributable to geopoliti...

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Iran Bitumen Exports After the War: Volumes, Routes and Current Market Status

According to WPB, the latest disruption to Iranian bitumen exports has moved beyond a domestic trade concern and has become a regional supply issue f...

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India is changing the rules of the bitumen game; is the bulk market in South Asia coming to an end?

According to WPB, India’s latest corporate move in value-added bitumen is expected to carry significance beyond its domestic road sector, particula...

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Global Bitumen Market in the Era of Multiple Standards; The Role of PG, EN, ASTM, and IS in Export Competition

According to WPB, Global infrastructure procurement is placing stronger attention on bitumen standards as governments, contractors, refiners and expo...

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Maritime Security or Project Shutdowns? How the Strait of Hormuz Shapes Global Bitumen Deliveries

According to WPB, the latest developments across the Middle East indicate that maritime security has become one of the most influential factors affec...

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From Raw Bitumen to Advanced Waterproofing: Where is China Leading the Market?

According to WPB, the new development plan announced by Chinese company Oriental Yuhong has drawn significant attention across the oil and bitumen in...

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