Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The API report is based on voluntary survey responses from its members, which include ...

Oil prices have risen for a second consecutive day, influenced by a larger-than-expected decline in U.S. crude inventories and ongoing geopolitical tensions, which are impacting the global oil supply ...

After rallying for three days, ICE Brent and NYMEX WTI were seen trading lower in the early trading session today, even as the American Petroleum Institute reported large crude oil inventory ...

American Petroleum Institute (API) CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' (NYSE:TTE) Patrick Pouyanne, have warned that reviving Venezuela's oil industry will be a ...

US petroleum demand, as measured by total domestic petroleum deliveries, was 20.3 million b/d in October, an increase of 1.9% month-on-month from September but was down 0.2% year-on-year. According to ...

Operating on a one-day delay due to the U.S. holiday, the American Petroleum Institute (API) estimated the inventory build this week for crude oil to be 1.404 million barrels after analysts predicted ...

US petroleum product demand averaged more than 20.2 million b/d in September, 2.4% more than a year earlier and the highest level for the month since 2007, the American Petroleum Institute reported.

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. America’s oil industry released its wish list for the incoming Trump administration ...

The American Petroleum Institute (API) reported a large draw this week for crude oil of 3.799 million barrels, while analysts predicted a draw of 110,000 barrels. The build comes as the Department of ...