Thursday, Aug 20, 2026

The World of Petroleum and Bitumen

The July 2026 Issue of WPB Journal

The July 2026 Issue of WPB Journal

MAGAZINES

Partners

UAE Suspends Trade and Financial Transactions With Iran: What Does It Mean for Iranian Bitumen Trade?

According to WPB, The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran until further notice, creating a new compliance and logistics issue for companies operating along the Iran-UAE t...

BITUMEN

Last News

Tanker Rates Surge: Why Bitumen Landed Costs Could Rise Even Without a Major FOB Move

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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Iraq Just Approved a Three-Month Hormuz Bypass: Could Its Bitumen Trade Be Next to Move Outside the Gulf?

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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China’s State Tankers Are Abandoning the Chokepoints: Could Fujairah and Oman Become the New Gateways for Asian Bitumen?

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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China Bitumen Jumps Again: Is Asia Entering a New Price Leg Higher?

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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Crude Is Getting Cheaper, But Refining Is Still Tight: Why Bitumen May Not Follow Oil Lower

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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