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American Petroleum Institute

American Petroleum Institute latest

U.S. crude inventories unexpectedly rose by 3.7 million barrels in the week to Aug. 10, to 410.8 million barrels. (Shutterstock)
August 15th, 2018 - 08:20 GMT

Oil Prices Fall While U.S. Crude Inventories Rises

Oil prices fell on Wednesday after data from the American Petroleum Institute (API) showed increased U.S. crude inventories in the week to Aug 10.
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Crude oil prices rally after U.S. President Donald Trump backs out of the Iranian nuclear deal. (AFP)
May 10th, 2018 - 06:44 GMT

Oil Prices Respond to Trump's Move on Iran With Surge

The dollar on Wednesday rose to its strongest level in more than five weeks. (File photo)
February 28th, 2018 - 02:32 GMT

Dollar at Five-Week High: 5 Things to Know in Global Markets Today

Analysts are expecting oil prices to continue rising this year which could mean higher fuel prices for consumers. (Pexels)
January 10th, 2018 - 11:56 GMT

Brent Crude Hits $69 per Barrel, Its Highest Since 2015

OPEC members will meet on Thursday to discuss the prolongation of the oil cut deal. (AFP)
May 24th, 2017 - 05:00 GMT

Oil Prices Stall Ahead of Pivotal OPEC Meeting

Al Bawaba
July 14th, 2015 - 10:32 GMT

Oil tumbles on news of Iranian nuclear deal

Al Bawaba
March 31st, 2015 - 05:55 GMT

Ramped up negotiations: oil extends losses over Iran supply fears

Dubai’s index dropped 3.6 percent to a 10-week low of 3,408 points. All major stocks fell sharply and only a handful of small-caps closed higher.
March 19th, 2015 - 12:11 GMT

Panic sell-offs: Gulf markets slide after U.S. oil hits six-year low

Al Bawaba
February 19th, 2015 - 01:05 GMT

Jinxed much? Oil prices fall sharply again after US crude inventories rise

Al Bawaba
December 31st, 2014 - 05:28 GMT

2014's dramatic farewell: Oil heads for biggest annual drop since 2008

Al Bawaba
October 8th, 2014 - 12:59 GMT

The 'remarkable' trend continues: Oil demand drops on signs of weak demand, 'tremendous surge in US oil production'

The price of oil inched higher above $104 a barrel Wednesday as the conflicts in Ukraine and Libya posed renewed risks to crude supplies.
May 28th, 2014 - 06:15 GMT

Ukraine, Libya raise oil prices up to $104 barrel

The discount of US crude to Brent narrowed on Wednesday to its smallest since mid-October as traders expected the startup of a pipeline from Cushing to refineries on the US.
February 5th, 2014 - 02:07 GMT

American cold season brings global oil prices up to $106

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