Middle East Tensions Shake Oil Markets as Prices Drop Unexpectedly
According to World of Petroleum and Bitumen (WPB), rising hostilities in the Middle East have unsettled global energy markets, yet oil prices have de...
LEARN MOREAccording to World of Petroleum and Bitumen (WPB), rising hostilities in the Middle East have unsettled global energy markets, yet oil prices have de...
LEARN MOREAccording to WPB, a recent maritime accident involving two oil tankers near the Strait of Hormuz has raised fresh concerns over the safety of navigat...
LEARN MOREAccording to WPB, oil refiners across Asia are actively pursuing increased volumes through term contracts, responding to a surge in spot crude premiu...
LEARN MOREAccording to WPB, recent military developments in the Middle East have introduced heightened instability to global energy markets. Aerial strikes car...
LEARN MOREAccording to WPB, the Strait of Hormuz has once again come under intense scrutiny due to heightened tensions between Iran and Israel. As a vital arte...
LEARN MOREAccording to WPB, the Bidhannagar Municipal Corporation (BMC) has initiated a pilot initiative to assess the effectiveness of plastic-infused bitumen...
LEARN MOREAccording to WPB, a recent wave of Israeli airstrikes has severely impacted Iran’s vital energy infrastructure, with key facilities in the capital ...
LEARN MOREAccording to World of Petroleum and Bitumen (WPB), the European construction leader STRABAG has officially opened the largest bitumen emulsion produc...
LEARN MOREAccording to WPB, a sharp rise in global oil prices has followed a dramatic escalation in military tensions between Iran and Israel. Israeli forces h...
LEARN MOREAccording to WPB, Japan has recently resumed the importation of Russian-origin crude oil, marking the first such purchase since early 2023. The move ...
LEARN MOREAccording to WPB, the recent operationalization of Nagpur’s upgraded hot-mix plant has stirred debate following the public works department’s dec...
LEARN MOREAccording to WPB, Hong Kong lawmakers have intensified their demands for the immediate replacement of water pipes coated with bitumen, a substance ba...
LEARN MOREAccording to WPB, Malaysia’s bitumen market is undergoing a period of significant transformation driven by a surge in infrastructure investments. T...
LEARN MOREAccording to WPB, Brazil is pioneering a new path in sustainable road construction by integrating sugarcane waste into asphalt production. In a bold ...
LEARN MOREAccording to WPB, the oil and gas sector is currently navigating a period of financial strain, as global crude prices hover in the low $60 range per ...
LEARN MOREAccording to WPB, the Red Sea remains a vital maritime corridor, serving as a nexus point for global trade, energy transportation, and international ...
LEARN MOREAccording to WPB, McAsphalt Industries, a prominent Canadian producer and supplier of asphalt and bitumen, has recently added a cutting-edge LNG-fuel...
LEARN MOREAccording to WPB, a major leap toward achieving net-zero emissions has been made in the UK highways sector as the British company Asphalt Group pione...
LEARN MOREBitumen is a critical material in road construction, and its performance is highly sensitive to temperature changes. As climate change intensifies, u...
LEARN MOREAccording to WPB, the global maritime industry is witnessing a profound reconfiguration of its operational landscape, driven by evolving trade polici...
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