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

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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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Kyrgyzstan Turns to In-Place Recycling: Central Asia’s Asphalt Market Takes a Circular Turn

According to WPB, Kyrgyzstan has introduced in-place pavement recycling on the Kant–ABZ road, marking what authorities have described as the countr...

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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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AI Is Learning the Physics of Asphalt: A New Model Targets Fatigue Life Before Roads Begin to Crack

According to WPB, artificial intelligence is moving one step closer to predicting how long an asphalt mixture can resist repeated traffic loading bef...

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

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?

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

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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The Red Sea Is No Longer the Safe Alternative: Tanker Attacks near Yanbu and a Collapse in Chokepoint Traffic

According to WPB, the sharp decline in vessel movements through both the Strait of Hormuz and Bab el-Mandeb indicates that the Middle East shipping c...

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

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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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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