Wednesday, Aug 26, 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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China’s Bitumen Squeeze Moves From Futures to Physical Supply

According to WPB, China’s bitumen market has moved beyond a financial-market rally into a much tighter physical supply environment, with domestic spot prices rising further on August 24, 2026 as refinery operating rates remained unusuall...

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Washington Puts Shipping at the Center of Iran Sanctions as Gulf Trade Faces a New Compliance Squeeze

According to WPB, the United States has placed shipping at the center of a broader sanctions campaign against Iran, creating a new layer of exposure ...

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Iran’s Hormuz Vessel Blacklist Creates a Two-Sided Compliance Trap for Bitumen Shipping

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

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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France and Saudi Arabia Turn Hormuz Bypass Talks Into a Logistics Task Force

According to WPB, France and Saudi Arabia are moving discussions over alternatives to the Strait of Hormuz into a more formal energy and logistics pr...

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India’s Bitumen Imports Collapse 50% Just as Demand Turns Higher

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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