Sunday, Aug 23, 2026

The World of Petroleum and Bitumen

The July 2026 Issue of WPB Journal

The July 2026 Issue of WPB Journal

MAGAZINES

Partners

Azerbaijan’s Bitumen Paradox: Exports Double as Output Plunges 42.2%

According to WPB, Azerbaijan’s bitumen market is sending two sharply different signals. Petroleum bitumen production fell 42.2% year on year to 81,700 metric tons in January-July 2026, while customs data for the first half of the year sh...

BITUMEN

Last News

Orsk Strike Knocks a Russian Bitumen Producer Offline for Up to Six Months

According to WPB, Russia has lost the output of a refinery that directly produces road bitumen after the Orsknefteorgsintez refinery in the Orenburg ...

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Global Bitumen Price – Week 3 of August 2026

The Middle East shows a generally softer producer tone this week, led by lower Iranian factory-level pricing and a weaker export indication from Turk...

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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, ...

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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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