U.S. crude oil futures fell further below post-settlement levels Tuesday despite the American Petroleum Institute showing a surprise draw in U.S. weekly crude supplies.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a dip of 2.8 million barrels in the week ending January 2. Crude oil inventories rose by 1.7 ...

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

Preparing for EPA 2027? API’s new PC-12 spec (CL-4 and FB-4) introduces ultra-low viscosity 0W-20 oils and stricter emissions ...

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 ...

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 ...

Crude oil inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to The American Petroleum Institute (API), after analysts had forecast a 1.9 ...

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The CEO of the American Petroleum Institute said oil and gas companies are looking for laws and regulations that will outlast the new administration. One of the country’s most powerful oil and gas ...

The oil and gas industry’s largest trade group has issued new guidelines for pipeline companies intended to smooth relations with landowners, but the move could fuel demands to release more ...

Oil prices declined on Wednesday after U.S. President Donald Trump said Venezuela will be "turning over" 30 million to 50 ...

The physical and chemical differences between these crude types determine how easy they are to refine and their market value.