Sunday, Oct 18, 2026

The World of Petroleum and Bitumen

The September 2026 Issue of WPB Journal

The September 2026 Issue of WPB Journal

MAGAZINES

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GFS Pride Sinks Near Hormuz as Four Commercial Ships Are Hit in Fresh Attack Wave

According to WPB, the Singapore-flagged container ship GFS PRIDE has sunk near the Strait of Hormuz after sustaining damage and catching fire during a fresh wave of attacks on commercial shipping, while three other vessels were targeted du...

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Azerbaijan Produces 126,400 MT of Bitumen in Nine Months as Output Remains One-Third Below 2025

According to WPB, Azerbaijan produced 126,400 metric tons of petroleum bitumen during the first nine months of 2026, down 33.8% from the same period ...

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Global Bunker Fuel Buying Shifts Away From Fujairah as Middle East War Drives Prices Over 70% Higher

According to WPB, the Middle East war is reshaping the global marine-fuel market as bunker prices remain more than 70% above pre-war levels, shipowne...

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China Bitumen Prices Ease to CNY 6,334/MT Despite 70% Year-on-Year Drop in Commercial Inventories

According to WPB, China’s domestic bitumen market has begun to ease from the extreme price levels reached after the September and early-October ral...

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Armenian Bitumen Buyers Report Prices Above $600/MT as Import Availability Tightens

According to WPB, road contractors in Armenia are reporting a sharp deterioration in bitumen availability, with market prices rising from approximate...

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Iran Reportedly Expands Maritime Attack Strategy Beyond Hormuz as Five Shipping Incidents Emerge in 48 Hours

According to WPB, maritime security risks around the Strait of Hormuz may be entering a broader phase after at least five incidents involving tankers...

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