West Texas Intermediate & American Petroleum Institute

West Texas Intermediate: West Texas Intermediate (WTI) crude prices have risen, mirroring the global trend in oil prices due to the Iran war.

American Petroleum Institute: The American Petroleum Institute's chief economist noted that India's constrained LPG supply is adding pressure to an already tight United States — California gasoline market due to reduced alkylate exports.

West Texas Intermediate: West Texas Intermediate, the U.S. benchmark crude, experienced a 27% fall in the last month, yet gasoline prices have not decreased commensurately, fueling the controversy and government scrutiny.

American Petroleum Institute: The American Petroleum Institute, through its spokesperson Bethany Williams, has stated that gasoline prices do not move in lockstep with crude oil, especially during global disruptions, and that the industry shares the goal of delivering relief at the pump.

American Petroleum Institute: The American Petroleum Institute provides estimated crude oil inventory data, which is a key indicator for the oil market.

American Petroleum Institute: The American Petroleum Institute reported that US crude oil inventories jumped for the third straight week.