Bitumenmag

OPEC+ Freezes October Output Policy as Hormuz Disruption Limits Physical Supply

Sep 07, 2026

According to WPB, OPEC+ has formally halted further production increases for October, leaving required output unchanged as disruptions to Middle East...

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Bunker Fuel Jumps 76% as Refiners Cut Fuel Oil Output, Adding New Cost Pressure to Bitumen Shipping

Sep 07, 2026

According to WPB, a tightening global fuel-oil market is creating a new source of cost pressure for bitumen shipping as refinery disruptions, reduced...

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Hormuz Route Risk Escalates as Iran Says It Targeted Three Tankers Using Unauthorized Passage

Sep 06, 2026

According to WPB, maritime risk in the Strait of Hormuz has escalated further after Iran’s Islamic Revolutionary Guard Corps Navy said it targeted ...

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India Faces a Post-Monsoon Bitumen Test as Road Awards Rise and Supply Stays Tight

Sep 06, 2026

According to WPB, India’s road sector is approaching a potentially difficult post-monsoon period as high bitumen prices and disrupted availability ...

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South Korea Weighs Military Options to Support Hormuz Navigation as Asian Energy Security Risks Rise

Sep 05, 2026

According to WPB, South Korea is reviewing practical measures to support freedom of navigation through the Strait of Hormuz, including options that c...

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Iran’s Oil Loadings Fall 85% as Maritime and Financial Pressure Squeezes Export Execution

Sep 05, 2026

According to WPB, Iranian crude loadings have fallen to approximately 260,000 barrels per day in the current September period, providing one of the c...

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Operational Disruption Hits South Africa’s Bitumen-Producing Natref Refinery

Sep 03, 2026

According to WPB, South Africa’s Natref refinery has reported an operational disruption that affected refinery production and product supply, placi...

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Iran’s Bitumen Exporters Need a Second Gateway—Here’s How Gwadar Could Actually Work

Sep 03, 2026

According to WPB, Iranian bitumen exporters need more than another warning about the Strait of Hormuz. They need a second export architecture that ca...

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Aqaba Gains Ground as Iraq’s Hormuz Alternative as Transit Cargo Jumps 155%

Sep 02, 2026

According to WPB, Jordan’s Aqaba port is emerging as a working alternative trade corridor for Iraq as disruption in the Strait of Hormuz redirects ...

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Fresh US Strikes Near Bandar Abbas and Hormuz Add New Execution Risk for Iranian Bitumen Exports

Sep 02, 2026

According to WPB, a new wave of U.S. military strikes across southern Iran has added another layer of execution risk for Iranian bitumen exports afte...

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Iran Says Foreign Trade Has Fallen 35% as Sanctions and Maritime Restrictions Tighten Export Channels

Aug 29, 2026

According to WPB, Iran’s president has said the country’s exports and imports have fallen by nearly 35% under the combined pressure of U.S. sanct...

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US Waiver Keeps Crude Flow Open to Serbia’s Bitumen-Producing Pančevo Refinery Through September

Aug 29, 2026

According to WPB, a new U.S. sanctions waiver has extended the operating window for Serbia’s NIS through September 30, 2026, allowing crude oil imp...

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Global Bitumen Price – Week 4 of August 2026

Aug 27, 2026

Middle East pricing turned firmer at the producer level in Week 4. Iran rose by roughly $10–15/MT across packed 60/70 grades and Iraq gained about ...

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Puma Energy’s Bitumen Margins Jump 65% as Australia and Far East Volumes Rise

Aug 27, 2026

According to WPB, Puma Energy’s Bitumen segment recorded a 65% quarter-on-quarter increase in margins in the second quarter of 2026, providing a ra...

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Another 500,000-Tonne Road-Bitumen Source Goes Offline as Russia’s NORSI Refinery Halts

Aug 27, 2026

According to WPB, Russia’s bitumen supply system has been hit by another direct refinery disruption after the Lukoil-Nizhegorodnefteorgsintez refin...

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

Aug 26, 2026

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

Aug 26, 2026

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

Aug 25, 2026

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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China’s Bitumen Squeeze Moves From Futures to Physical Supply

Aug 25, 2026

According to WPB, China’s bitumen market has moved beyond a financial-market rally into a much tighter physical supply environment, with domestic s...

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

Aug 24, 2026

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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