Oil prices decline for a third week due to U.S. sanctions on Iran and trade war fears with China, impacting demand.
The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil prices and impacting the energy market.
As defined by the U.S. Geological Survey (USGS), heavy oil is a type of crude oil characterized by ... the upper limit for heavy oil is 22° API gravity with a viscosity of 100 cp (centipoise).
The American Petroleum Institute (API) estimated that crude oil inventories in the United fell by 4.022 million barrels for the week ending January 3. Analysts had expected a 250,000 barrel draw.
February WTI crude oil (CLG25) today is up +0.05 (+0.07%), and February RBOB gasoline (RBG25) is down -0.0068 (-0.35%). Crude oil and gasoline prices today are mixed. A weaker dollar today is ...
Crude oil futures traded lower on Wednesday morning as the industry body American Petroleum Institute (API) indicated an increase in inventories in the US for the week ending January 24.
API reports that crude inventories fell 1.4M barrels last week. Gasoline inventories rose 2.2M barrels, according to Bloomberg, citing people familiar with the data. API’s Weekly Statistical ...
The American Petroleum Institute (API) reported an unexpected increase in the weekly crude stock, signaling a potential downturn in demand for crude oil. The actual increase in inventory levels ...
Investing.com -- U.S. crude oil futures inched higher in post-settlement ... compared with a draw of 1.4M barrels reported by the API for the previous week. Economists were expecting a draw ...
Crude oil and gasoline prices today are mixed. A weaker dollar today is supportive of energy prices. Crude also garnered some support today after the API reported late Tuesday that weekly US ...