CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' Patrick Pouyanne, have warned that reviving Venezuela ...

In spite of relatively soft crude prices hovering at levels below $70 per barrel amid fears of a supply glut, Sommers ...

API PC-12 engine oil categories CL-4 and FB-4 are advancing toward a 2027 launch. Here’s what the changes mean for fleets, ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9.

API Spec 6A is among the oil and gas industry’s most technically rigorous standards and a critical requirement for Middle ...

The API is aiming for a 2027 rollout of the new engine oil spec, which is meant to enhance performance standards.

U.S. crude oil futures were unchanged on from post-settlement levels Tuesday after the American Petroleum Institute reported a much larger build in U.S. weekly crude supplies.

January 1, 2027, will be the first license date for two new heavy-duty engine oil categories, if all goes as planned.

API leaders say Venezuela and Iran developments could sway oil markets as U.S. output stays strong; they push permitting ...

At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the ...

US Oil trades around $57.50 at the time of writing on Tuesday, down 1.25% on the day. The WTI price remains under pressure as ...