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

Oil prices have risen for a second consecutive day, influenced by a larger-than-expected decline in U.S. crude inventories and ongoing geopolitical tensions, which are impacting the global oil supply ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. IMAGE DISTRIBUTED FOR AMERICAN PETROLEUM INSTITUTE - American ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United fell by 4.022 million barrels for the week ending January 3. Analysts had expected a 250,000 barrel draw. For ...