The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9.

CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' Patrick Pouyanne, have warned that reviving Venezuela ...

US Oil trades around $57.50 at the time of writing on Tuesday, down 1.25% on the day. The WTI price remains under pressure as ...

Investing.com -- U.S. crude oil futures were unchanged on from post-settlement levels Tuesday after the American Petroleum ...

At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the ...

American Petroleum Institute President Mike Sommers said that the U.S. Oil Industry must have in place a number of prerequisites in ...

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The EIA report includes crucial refinery utilization data, providing deeper insights ...

API PC-12 engine oil categories CL-4 and FB-4 are advancing toward a 2027 launch. Here’s what the changes mean for fleets, ...

West Texas Intermediate (WTI) edges higher, approaching the $65.00 mark. WTI Crude Oil gains are restricted by the 100-day moving average, providing additional resistance at $65.31. US Crude Oil ...

The API is aiming for a 2027 rollout of the new engine oil spec, which is meant to enhance performance standards.

The American Petroleum Institute (API) announced progress in the development of its new Proposed Category 12 (PC-12) ...