American Petroleum Institute News

US Oil Reserves Surge: A Million Barrel Increase Stirs Market Speculations

The United States has seen a notable increase in its crude oil, distillate, and gasoline inventories, with Cushing, Oklahoma, also reporting a rise in reserves. This development co...

Unexpected Drop: US Oil Inventories Decrease by 2.6M Barrels, Signaling Market Shifts

US crude oil inventories unexpectedly dropped by 2.6 million barrels last week, while distillate and gasoline stockpiles saw significant increases. Cushing, Oklahoma's reserves als...

US Crude Oil Inventories Drop by 4.7M Barrels, API Data Reveals

US crude oil inventories reportedly fell by 4.7 million barrels, while distillate and gasoline stockpiles increased. Cushing reserves also saw a rise.

US Crude Oil Inventories Surge: What Does It Mean for the Market?

US crude oil inventories increased by 1.232 million barrels in the week ending November 29, according to API data. This rise exceeds expectations and could impact the oil market. R...