Monday, Jul 20, 2026

The World of Petroleum and Bitumen

The June Issue of WPB Journal

The June Issue of WPB Journal

MAGAZINES

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Black Sea in Flames: Attack Strikes at the Heart of Kazakhstan’s Oil Exports

According to WPB, the recent suspension of oil loading at the Caspian Pipeline Consortium’s Black Sea terminal carries significance for global crud...

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Azerbaijan’s Bitumen Exports Have Doubled!

According to WPB, Trade data published in Baku on recent days point to a development that matters beyond Azerbaijan’s borders. In the first half of...

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Multi-Million-Dollar Insurance Nightmare: Why Shipping Giants No Longer Dare to Sail Through Hormuz?

According to WPB, Commercial shipping through the Strait of Hormuz operated at a severely restricted level recently, creating immediate consequences ...

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Black Quarantine in Kazakhstan: Bitumen Exports Banned!

According to WPB, Kazakhstan’s recently proposed restriction on petroleum bitumen exports beyond the Eurasian Economic Union is unlikely to disrupt...

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Global Bitumen Price _ Week 3 of July 2026

The global geopolitical landscape, particularly concerning the Strait of Hormuz, is currently defined by significant atmospheric uncertainty. However...

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Only Three Cargo Ships Passed Through Hormuz; Is the World Facing a Fresh Explosion in Energy Prices?

According to WPB, the sharp reduction in traffic through the Strait of Hormuz is creating immediate consequences for the Middle East and the wider en...

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Indonesia’s Big Shock to the Global Bitumen Market; Imports Are on the Way Down!

According to WPB, Indonesia’s new requirement for processed Buton asphalt carries consequences far beyond domestic road procurement. The country im...

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Iraq’s $17 billion megaproject takes off as the Faw Highway opens to link the Persian Gulf with Europe!

According to WPB, the completion of a 62-kilometre highway between Al Faw Grand Port and Umm Qasr gives Iraq’s $17 billion Development Road program...

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Why Is the U.S. Focusing Its Strikes on Southern Iran?

According to WPB, the renewed United States blockade of Iranian ports and the latest air raids across Iran’s southern coast immediately raise the r...

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Pine Resin Enters Road Construction; France’s Trial Could Change the Rules of Paving!

According to WPB, France’s trial of a pine-pitch road binder on the RD 427 carries implications beyond a single rural road in southwestern Europe. ...

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Drone Strike on Salavat; Is Russia’s Bitumen Market Entering a Crisis Phase?

According to WPB, The July 14 drone strike on the Gazprom Neftekhim Salavat complex is unlikely, on its own, to alter global crude benchmarks, but it...

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The Hormuz Paradox: Why Political Reopening Cannot Restore Commercial Viability for Bitumen Exports

According to WPB, the latest confrontation around the Strait of Hormuz has immediate consequences for the Middle East, Asia and the wider global econ...

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Collapse of the Traditional Model: How Biochar Disrupts Oil Monopoly in the Bitumen Market

According to WPB, A ten-year commercial program between Verde Renewables and Ergon Asphalt & Emulsions has introduced a new business case for biochar...

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Turkmenistan’s 39.9% Bitumen Surge: Is It Real or Just a Media Showcase?

According to WPB, Turkmenistan’s newly released first-half production data introduces an additional source of bitumen supply at a time when road co...

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Venezuela’s Return to the Energy Equation; A New Variable to the Bitumen Market!

According to WPB, Political developments surrounding Venezuela have once again become relevant to energy markets beyond Latin America, with implicati...

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From Pipeline to Port: How Effective Were the Alternative Routes to the Strait of Hormuz?

According to WPB, The Iran–US war and the prolonged disruption of commercial traffic through the Strait of Hormuz produced immediate consequences a...

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The 2026 Nightmare: Why Global Road Construction Projects Could Grind to a Halt This Year!

According to WPB, the global bitumen industry entered the second week of July 2026 with a combination of refinery shutdowns, restricted processing ca...

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Tanker Traffic Through Hormuz Plunges; Military Uncertainty Disrupts Export Contracts

According to WPB, the developments has raised commercial risk across Middle Eastern and global energy supply chains, although the Strait of Hormuz ha...

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Revolution in Road Construction: Britain Profits from Cutting Carbon Emissions!

According to WPB, Carbon Vault-IQ introduces a commercially significant test for the global road sector and a potentially relevant model for Middle E...

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Global Bitumen Price _ Week 2 of July 2026

The global bitumen market is currently experiencing a period of profound instability, fundamentally driven by heightened geopolitical volatility surr...

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