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 ...

American Petroleum Institute reportedly shows a draw of 2.6M barrels of oil in US commercial stockpiles for the week ending ...

Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on ...

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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 ...

PC-12 has been fully approved by API and will replace CK-4 and FA-4 engine oils starting in 2027. The new engine oil category includes FB-4 for lower-viscosity oils and CL-4 for higher-viscosity ...

The American Petroleum Institute (API) is pitching the White House and biofuel groups on a total revamp of how the US exempts oil companies from a program that requires biofuel blending, according to ...

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 ...