Also known as: API
American Petroleum Institute — energy industry organization that commented on fuel price movements relative to crude oil costs in June 2026.
Verbatim sentences from the source article.
Joy Online
… In the U.S., crude oil inventories fell for a fifth straight week, according to market sources citing American Petroleum Institute data released on Tuesday, while fuel stocks also fell. …
Oil falls after Trump says US will end Iran war ‘very quickly’Oil prices climbed for a fourth straight day as investors weighed conflicting statements from Tehran and Washington on whether the Strait of Hormuz is open to shipping. Brent crude futures rose 0.29% to $91.28 a barrel, while U.S. West Texas Intermediate crude futures were up to $85.31 a barrel, amid a lapsed ceasefire agreement between the U.S. and Iran.
19 August 2026 · Joy Online →
Oil prices climbed for a fourth straight day as investors weighed conflicting statements from Tehran and Washington on whether the Strait of Hormuz is open to shipping. Brent crude futures rose 0.29% to $91.28 a barrel, while U.S. West Texas Intermediate crude futures were up to $85.31 a barrel, amid a lapsed ceasefire agreement between the U.S. and Iran.
19 August 2026 · Joy Online →
Oil prices climbed on Wednesday as doubts over a U.S.-Iran peace deal and attacks on ships in the Middle East heightened supply concerns, with Brent futures gaining 0.81% to $89.63 a barrel and U.S. WTI crude rising 0.85% to $83.91.
12 August 2026 · Joy Online →
Oil prices rose more than $3 a barrel on Wednesday after joint strikes in Iraq by the United States and Saudi Arabia and the interception of Iran's ballistic missiles aimed at U.S. forces in the Middle East. Brent futures increased 3.9% to $87.39 a barrel, while U.S. WTI crude rose 3.8% to $82.31 a barrel.
29 July 2026 · Joy Online →
Brent crude futures rose 0.55% to $91.51 and U.S. West Texas Intermediate climbed 0.36% to $84.64 after U.S. forces struck Iranian military targets for the 11th straight night and Kuwait reported Iranian drone attacks. Fears of supply disruptions intensified as Yemen's Houthis threaten to target vessels carrying Saudi oil in the Red Sea.
22 July 2026 · Joy Online →
Oil prices rose nearly 2% after the U.S. military launched airstrikes against Iran and reimposed crude sales sanctions in response to Iranian attacks on commercial vessels in the Strait of Hormuz, raising concerns about supply disruptions and the fragility of a recent U.S.–Iran truce.
8 July 2026 · Joy Online →
Global benchmark Brent crude has fallen below $72.48 a barrel, the price before US and Israel launched attacks on Iran on 28 February, as traffic through the Strait of Hormuz resumes following a US-Iran Memorandum of Understanding on 17 June for nuclear negotiations and measures to end the war.
26 June 2026 · Joy Online →
US President Donald Trump has ordered an investigation into major energy companies, accusing them of failing to cut fuel prices proportionally after wholesale oil costs fell in global markets. He said petrol prices have not fallen "a lot faster," while the American Petroleum Institute noted that petrol prices do not move in lockstep with crude oil.
25 June 2026 · Joy Online →
Oil prices fell more than 1% on Wednesday, extending weekly losses and trading near four-month lows, as signs emerged that stranded tankers in the Gulf are set to move through the Strait of Hormuz. Prices also came under pressure from Washington's 60-day sanctions waiver allowing Iran to sell oil and easing hostilities in Lebanon.
24 June 2026 · Joy Online →
Brent crude fell 5.1% to $78.96 a barrel and U.S. WTI fell 5.8% to $76.05 on Tuesday, reaching their lowest levels since March, as details emerged of an interim deal to end the Middle East war and reopen the Strait of Hormuz, including an agreement allowing Iran to sell oil.
17 June 2026 · Joy Online →
Oil prices climbed Wednesday after the U.S. military struck Iranian targets in response to the downing of a U.S. Apache attack helicopter, and as U.S. crude stockpiles posted another large draw. Brent futures rose 0.7% to $92.11 a barrel and U.S. West Texas Intermediate crude climbed 0.7% to $88.80.
10 June 2026 · Joy Online →
Oil prices fell on Wednesday after U.S. President Donald Trump asserted the war with Iran will end "very quickly," though investors remain cautious about peace talks and Middle East supply disruptions. Brent crude fell 0.8% to $110.40 a barrel and U.S. West Texas Intermediate fell 0.6% to $103.48.
20 May 2026 · Joy Online →