Sunday, Oct 25, 2026

The World of Petroleum and Bitumen

The September 2026 Issue of WPB Journal

The September 2026 Issue of WPB Journal

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Iran War Escalation: Five Scenarios for Global Oil, Bitumen and Shipping Markets

According to WPB, the prospect of another major escalation involving Iran, the United States, and Israel is creating renewed uncertainty across globa...

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伊朗沥青运往中国:哪条路线更划算?

据WPB报道, 经霍尔果斯进口的石油沥青不断增加,使中国沥青供应的陆路运输选择受到更多关注。海关统计显示�...

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Iranian Bitumen to China: Which Route Makes Economic Sense?

According to WPB, rising petroleum-bitumen imports through Khorgos are drawing attention to China’s overland supply options. Customs statistics put...

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Iran Says Seven Vessels Hit in Fresh Gulf Incidents as Maritime Risk Escalates Again

According to WPB, maritime risk around the Persian Gulf and Strait of Hormuz has intensified again after Iran’s Islamic Revolutionary Guard Corps N...

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Kazakhstan Moves to Allow Off-Season Road Bitumen Exports as Domestic Demand Weakens

According to WPB, Kazakhstan is moving toward reopening road-bitumen exports to markets outside the Eurasian Economic Union as seasonal domestic dema...

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October Bitumen Prices Split: India and Singapore Rise as China Pulls Back

The third week of October has produced one of the clearest examples yet of a fragmented global bitumen market. Instead of moving together, major mark...

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Middle East Oil Flows Surpass Pre-War Levels at 24 Million BPD Despite Hormuz Attacks

According to WPB, Middle Eastern oil flows have climbed above their pre-war level for the first time on a weekly basis, despite continued attacks on ...

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Just 0.3% Sulfur Cuts SBS Bitumen Phase-Separation Indicator by Up to 96%, Study Finds

According to WPB, new research has found that adding only 0.3 wt.% sulfur to SBS-modified bitumen can dramatically improve hot-storage stability, wit...

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India Bitumen Prices Surge Again in Mid-October as Vizag VG40 Crosses ₹91,000/MT

According to WPB, India’s domestic bitumen market has undergone a second major price increase in October, with market-reported HPCL-HINCOL rates at...

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Europe Launches Thermo-Active Asphalt Project to Turn Roads Into Seasonal Heat Exchangers

According to WPB, Europe has launched a new research project examining whether asphalt pavements can function not only as transport infrastructure bu...

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Oman’s Port Cargo Jumps 62.3%, Strengthening Its Role as a Gateway for Iranian Bitumen Trade

According to WPB, rapid growth across Oman’s ports is reinforcing the country’s potential role as a commercial gateway for Iranian bitumen, combi...

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AI Model Reaches 96% Accuracy in Diagnosing Moisture Damage at the Bitumen–Aggregate Interface

According to WPB, a newly published artificial-intelligence framework has achieved 96% accuracy in diagnosing moisture damage at the bitumen–aggreg...

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Supertanker Rates Retreat From Record Highs as Gulf of Oman Demand Softens

According to WPB, global supertanker freight rates have begun to retreat from record highs, with the benchmark for Very Large Crude Carriers moving o...

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India Bitumen Consumption Jumps 34.7% in September as Post-Monsoon Demand Returns

According to WPB, India’s domestic bitumen consumption rebounded sharply in September, rising to approximately 0.59 million metric tons from 0.44 m...

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Global Bunker Fuel Buying Shifts Away From Fujairah as Middle East War Drives Prices Over 70% Higher

According to WPB, the Middle East war is reshaping the global marine-fuel market as bunker prices remain more than 70% above pre-war levels, shipowne...

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Azerbaijan Produces 126,400 MT of Bitumen in Nine Months as Output Remains One-Third Below 2025

According to WPB, Azerbaijan produced 126,400 metric tons of petroleum bitumen during the first nine months of 2026, down 33.8% from the same period ...

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China Bitumen Prices Ease to CNY 6,334/MT Despite 70% Year-on-Year Drop in Commercial Inventories

According to WPB, China’s domestic bitumen market has begun to ease from the extreme price levels reached after the September and early-October ral...

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GFS Pride Sinks Near Hormuz as Four Commercial Ships Are Hit in Fresh Attack Wave

According to WPB, the Singapore-flagged container ship GFS PRIDE has sunk near the Strait of Hormuz after sustaining damage and catching fire during ...

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Iran Reportedly Expands Maritime Attack Strategy Beyond Hormuz as Five Shipping Incidents Emerge in 48 Hours

According to WPB, maritime security risks around the Strait of Hormuz may be entering a broader phase after at least five incidents involving tankers...

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Armenian Bitumen Buyers Report Prices Above $600/MT as Import Availability Tightens

According to WPB, road contractors in Armenia are reporting a sharp deterioration in bitumen availability, with market prices rising from approximate...

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