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U.S. Dept. of Interior urged to fully leverage offshore energy resources

Oil & Gas 360º

(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. crude oil production, or nearly 2 million bopd.

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Falling oil prices poised for biggest monthly decline since 2021

Oil & Gas 360º

crcrude oil inventories rose by 3.8 million barrels last week, market sources said on Tuesday citing American Petroleum Institute data. government data is due at 10:30 a.m. crude oil stocks numbers for last week to show an increase of 400,000 barrels. API/S] U.S. ET (1430 GMT).

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Oil prices retreat on weak U.S. data, despite Trump tariff block

Oil & Gas 360º

US oil inventories see major drawdown – API Data from the American Petroleum Institute showed on Wednesday that U.S. oil inventories shrank by 4.24 The API data usually heralds a similar reading from government inventory data , which is due later on Thursday. Signs of a sharp drawdown in U.S.

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