API Reports Significant Crude Oil Inventory Decline | OilPrice.com
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API Reports Unexpected Crude Oil Inventory Build | OilPrice.com
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API Reports Significant Draw in Crude Oil Inventories | OilPrice.com
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API Gravity Density is defined as mass per unit volume of a fluid. The density of crude oil and liquid hydrocarbons is usually reported in terms of specific gravity (SG) or relative density, defined as the density of the liquid material at 60°F (15.6°C) divided by the density of liquid water at 60°F. At a reference temperature of 15.6°C, the density of liquid water is 0.999 g/cm3 (999 kg/m3), which is equivalent to 8.337 lb/gal (U.S.). Therefore, for a hydrocarbon or a petroleum fraction, In the
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