The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for the week ending January 31 ...

West Texas Intermediate (WTI) Oil price snaps a three-day winning streak, trading around $72.40 per barrel during European hours on Wednesday. The decline follows the American Petroleum Institute’s ...

The WTI price edges higher to a two-week high amid the escalating geopolitical tensions in the Middle East. The latest US ...

classifies crude oil according to the 'API gravity' method it established. API gravity is a value that compares the relative density of crude oil to water at 60°F (15.6°C) and is calculated using a ...

Crude Oil WTI Futures, the U.S. benchmark, recently traded at $73.17 a barrel following the report after settling up 1% at $73.32 a barrel.

HOUSTON, Feb. 4 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported an increase of 5.025 million barrels of crude oil in U.S. inventories for the week ending Jan. 31. Analysts ...

The American Petroleum Institute reportedly shows a build of 9.04M barrels of oil in U.S. commercial stockpiles, much larger than expected, for the week ending February 7. Gasoline inventories ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United increased by 1 million barrels for the week ending January 17. Analysts surveyed by Reuters had expected ...

and distillate inventories will decline by 1.6M barrels. WTI March crude oil (CL1:COM) recently traded at $72.67/bbl after settling Tuesday at $72.70/bbl.

According to API, crude oil inventories declined by 2.6 million barrels for the week ending January 10. In their Commodities Feed for Friday, Warren Patterson, Head of Commodities Strategy of ING ...