Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The EIA report includes crucial refinery utilization data, providing deeper ...

The American Petroleum Institute reportedly shows a build of 2.4M barrels of oil in U.S. commercial stockpiles for the week ending April 11. Gasoline inventories reportedly show a draw of 3M barrels ...

Although variously defined, the upper limit for heavy oil is 22° API gravity with a viscosity of 100 cp (centipoise). The American Petroleum Institute's "API gravity" is a standard to express the ...

US oil futures fall after API reports decline in crude inventories By Investing.com - Apr 08, 2025 Investing.com -- U.S. crude oil futures fell from post-settlement levels Tuesday as the American ...

The American Petroleum Institute (API) on Tuesday reported a decrease of 4.600 million barrels of crude oil in U.S. inventories for the week ending March 21. Analysts were expecting a decline of 2 ...

Trump is pursuing tariffs on allies Mexico and Canada that the API has publicly opposed, in part because the two U.S. neighbors are its top sources of imported crude oil. Trump already imposed ...

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The API report is based on voluntary survey responses from its members ...