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

CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' Patrick Pouyanne, have warned that reviving Venezuela ...

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.

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

The American Petroleum Institute reportedly shows a surprise build of 5.27M barrels of oil in US commercial stockpiles for ...

Andy Garcia discusses his role in Paramount+ series 'Landman' at energy conference, sharing insights about oil industry and ...

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, ...

The US oil industry can be a “stabilizing force” in Iran if the regime is toppled amid nationwide unrest, American Petroleum ...

American Petroleum Institute President Mike Sommers indicated the industry is more open to helping in Iran than it has been ...

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

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

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