US offshore oil and gas accounts for 14% of US crude oil output, or nearly two million barrels per day (mbbl/d).

U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a ...

Crude inventories saw a larger than expected decline for the week ending January 3rd, while fuel inventories continue to soar ...

API reports that crude inventories fell 1.4M barrels last week. Gasoline inventories rose 2.2M barrels, according to Bloomberg, citing people ...

but not so much a fan of how the oil and gas industry is depicted in the new series. To that end, the API has made a seven-figure purchase of ads to run alongside the show. “We’re trying to ...

Gasoline inventories rose this week by 2.4 million ... Oklahoma—rose by 800,000 barrels, according to API data, after falling by 1.517 million barrels in the previous week.