In spite of relatively soft crude prices hovering at levels below $70 per barrel amid fears of a supply glut, Sommers ...

API leaders say Venezuela and Iran developments could sway oil markets as U.S. output stays strong; they push permitting ...

The American Petroleum Institute’s CEO also spoke Tuesday about the oil potential in Iran and Venezuela amid global ...

API Spec 6A is among the oil and gas industry’s most technically rigorous standards and a critical requirement for Middle ...

API PC-12 engine oil categories CL-4 and FB-4 are advancing toward a 2027 launch. Here’s what the changes mean for fleets, ...

U.S. crude oil futures were unchanged on from post-settlement levels Tuesday after the American Petroleum Institute reported a much larger build in U.S. weekly crude supplies.

The US Treasury may soon issue a sanctions-release notice, potentially enabling US companies to invest in Venezuela's oil ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9.

At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the ...

The API is aiming for a 2027 rollout of the new engine oil spec, which is meant to enhance performance standards.

January 1, 2027, will be the first license date for two new heavy-duty engine oil categories, if all goes as planned.