Thursday, Aug 27, 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’s Bitumen Squeeze Moves From Futures to Physical Supply

According to WPB, China’s bitumen market has moved beyond a financial-market rally into a much tighter physical supply environment, with domestic spot prices rising further on August 24, 2026 as refinery operating rates remained unusuall...

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A Tenth of Global Refining Capacity Is Disrupted as the Heavy-Products Squeeze Deepens

According to WPB, the global oil market has entered a more dangerous phase in which disruption is no longer concentrated around a single producer, re...

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Only One Bitumen Tanker Passes Hormuz as Gulf Traffic Stays at One-Third of Recent Average

According to WPB, preliminary shipping data published on August 26, 2026 show that physical traffic through the Strait of Hormuz remains far from nor...

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Washington Puts Shipping at the Center of Iran Sanctions as Gulf Trade Faces a New Compliance Squeeze

According to WPB, the United States has placed shipping at the center of a broader sanctions campaign against Iran, creating a new layer of exposure ...

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Iran’s Hormuz Vessel Blacklist Creates a Two-Sided Compliance Trap for Bitumen Shipping

According to WPB, Iran has added a new layer of commercial risk to shipping through the Strait of Hormuz by publishing a list of dozens of vessels it...

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Asia’s Fuel Squeeze Deepens as Singapore Gasoil Margins Jump 226%

According to WPB, Asia’s refined-fuel shortage is becoming increasingly visible in Southeast Asia, with imports of light and middle distillates fal...

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