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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According to WPB, a new U.S. sanctions waiver has extended the operating window for Serbia’s NIS through September 30, 2026, allowing crude oil imp...
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Middle East pricing turned firmer at the producer level in Week 4. Iran rose by roughly $10–15/MT across packed 60/70 grades and Iraq gained about ...
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According to WPB, Puma Energy’s Bitumen segment recorded a 65% quarter-on-quarter increase in margins in the second quarter of 2026, providing a ra...
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According to WPB, Russia’s bitumen supply system has been hit by another direct refinery disruption after the Lukoil-Nizhegorodnefteorgsintez refin...
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According to WPB, preliminary shipping data published on August 26, 2026 show that physical traffic through the Strait of Hormuz remains far from nor...
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According to WPB, China’s bitumen market has moved beyond a financial-market rally into a much tighter physical supply environment, with domestic s...
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According to WPB, Iran has added a new layer of commercial risk to shipping through the Strait of Hormuz by publishing a list of dozens of vessels it...
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According to WPB, India’s bitumen supply balance has shifted sharply in 2026, with imports falling to approximately 905,000 metric tons in January-...
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According to WPB, Russia has lost the output of a refinery that directly produces road bitumen after the Orsknefteorgsintez refinery in the Orenburg ...
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According to WPB, Azerbaijan’s bitumen market is sending two sharply different signals. Petroleum bitumen production fell 42.2% year on year to 81,...
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The Middle East shows a generally softer producer tone this week, led by lower Iranian factory-level pricing and a weaker export indication from Turk...
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According to WPB, Tanker freight markets have entered a period of exceptional volatility as oil exporters in the Gulf compete for vessel capacity whi...
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According to WPB, The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran until further notice, ...
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According to WPB, two of China’s largest state-controlled tanker operators are no longer treating the Strait of Hormuz and Bab el-Mandeb as routine...
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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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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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According to WPB, China’s bitumen benchmark moved higher again on August 17, 2026, strengthening the argument that Asia may be entering another upw...
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According to WPB, Indonesia is moving from a long-discussed ambition to reduce imported bitumen toward a more structured domestic-substitution policy...
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According to WPB, the Strait of Hormuz is approaching a point where the conventional way of pricing Gulf bitumen may no longer tell buyers enough abo...
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