5 articles
The American Petroleum Institute opposes new Senate biofuels legislation expanding higher-ethanol gasoline sales while granting exemptions to small refineries. API argues the proposal weakens America’
The American Petroleum Institute opposes proposed tolls on the Strait of Hormuz amid rising tensions, warning against new transit fees backed by Gulf states. API CEO Mike Sommers also urged Congress t
U.S. crude inventories dropped 3.3 million barrels last week, while gasoline and distillate stocks increased, according to American Petroleum Institute data released Tuesday.
Oil prices jumped over 2% after US strikes on Iran dampened peace deal hopes, pushing Brent crude to $96.14 per barrel. Market tension was compounded by a 2.8 million barrel decline in US crude stockp
U.S. crude oil inventories fell by 2.2 million barrels for a fourth straight week, while gasoline stocks rose by 502,000 barrels per American Petroleum Institute data. Distillate inventories also decr
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