Mike Sommers, API president and CEO, joins 'Power Lunch' to discuss the idea of the ban on oil exports, the American oil and ...

Vice President Vance, Interior Secretary Doug Burgum and Energy Secretary Chris Wright are meeting with oil executives as prices soar over the conflict in Iran. A spokesperson for the American ...

Incoming President Trump should reverse the Biden administration’s ban on leasing on 625 million acres of federal lands in Alaska’s Arctic National Wildlife Refuge (ANWR), restrictions on offshore oil ...

U.S. crude inventories unexpectedly surged even as global oil prices climbed on Middle East supply disruptions.

The American Petroleum Institute (API) recently released its latest figures on U.S. crude oil inventories, revealing a significant increase in stock levels. The latest data shows that crude ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.7 million barrels in the week ending March 6 ...

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 ...

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 ...

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 ...

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January 1, 2027, will be the first license date for two new heavy-duty engine oil categories, if all goes as planned. An update from the American Petroleum Institute said it has made significant ...