Skip to main content

News

RSS

U.S. petroleum demand near its highest levels in 11 years

WASHINGTON, March 15, 2018 – Led by gasoline and seasonal demand for heating fuels, U.S. petroleum demand hit 20.3 million barrels per day (MBD) in February. Demand was up by more than a million barrels per day from February of last year, nearing record highs not seen for more than a decade.

More »

U.S. crude oil production hits a record high in January at 10.2 million barrels per day

WASHINGTON, February 16, 2018 – U.S. crude production rose to 10.2 million barrels per day (MBD) in January – the highest monthly output on record, according to API’s monthly statistical report. This was an increase of 1.1 percent versus December and 15.1 percent from January 2017.

More »

Petroleum deliveries last month highest for December since 2007; full Monthly Statistical Report made freely available for the first time

WASHINGTON, January 26, 2018 – Total petroleum deliveries in December rose to 20.7 million barrels per day. This was the strongest December monthly demand in the last decade.  For 2017, total domestic petroleum deliveries rose by 1.0 percent year-on-year, despite oil prices that rose over the second half of the year. U.S. oil production also continued to increase in December to 9.75 million barrels per day (MBD), a 47-year high, while U.S. exports of crude oil and refined products – up by nearly 1.0 MBD for 2017 – set new records.

More »