Thursday, Aug 06, 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 Reopens the Fuel Export Tap: Will Higher Refinery Runs Increase or Reduce Asian Bitumen Supply?

According to WPB, China’s decision to temporarily authorize about 2.7 million metric tons of refined-fuel exports in August introduces a new variable into Asia’s bitumen market. The approval applies to gasoline, diesel and jet fuel shi...

OIL AND PETROLEUM

Last News

The Red Sea Is No Longer the Safe Alternative: Tanker Attacks near Yanbu and a Collapse in Chokepoint Traffic

According to WPB, the sharp decline in vessel movements through both the Strait of Hormuz and Bab el-Mandeb indicates that the Middle East shipping c...

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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 vessel...

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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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