Wednesday, Aug 05, 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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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 vessels introduces a more detailed operating model for reopening the waterway. The arrangement b...

BITUMEN | SHIPPING

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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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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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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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The Risk Has Moved to Hormuz’s Doorstep: What Two Tanker Incidents off Oman Mean for Bitumen Shipping

According to WPB, two tanker incidents reported off northern Oman on August 1 have added a new layer of risk to commercial shipping at the entrance t...

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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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