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, Kyrgyzstan has introduced in-place pavement recycling on the Kant–ABZ road, marking what authorities have described as the countr...
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, artificial intelligence is moving one step closer to predicting how long an asphalt mixture can resist repeated traffic loading bef...
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, Iraq’s oil minister said on August 8 that the country’s crude exports have fallen by 75% from prewar levels as restrictions at ...
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, China’s decision to temporarily authorize about 2.7 million metric tons of refined-fuel exports in August introduces a new variab...
LEARN MOREAccording 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...
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, oil prices fell sharply on August 3 after the United States suspended a planned military attack on Iran and shifted its immediate f...
LEARN MOREAccording 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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