The API has reported that US petroleum demand hit 20.8 million bpd in July, the highest level since 2005.
API 1509 includes the latest API oil performance standards and marketing guidelines for engine oil quality marks.
With record refinery throughput, total petroleum inventories built to within 2.6% of the maximum of the 5-year historical range.
As the EPA finalises ethanol volumes for 2019 and biodiesel volumes for 2020 under the Renewable Fuel Standard, the American Petroleum Institute urged the agency to protect consumers from the ethanol blendwall and to continue to reject efforts by some to reallocate volumes from small refinery exemptions.
Neal Ferguson led a collaboration between 70 organisations across the petroleum industry that has published the first supply chain qualification standard for polymeric seal manufacturers.
The oil and natural gas industry leads efforts to make air cleaner through low-carbon technologies, says new API study.
The EPA has proposed amendments to the Petroleum Refinery Sector Risk and Technology Review and the New Source Performance Standards (NSPS).