American Petroleum Institute & Xi Jinping

American Petroleum Institute: The American Petroleum Institute>>> released data showing a significant fall in US crude oil inventories, contributing to concerns about supply.

Xi Jinping: Xi Jinping>>>, the President of China>>>, has discussed the Iran>>> conflict with Donald Trump>>>, with both leaders agreeing that Iran>>> cannot be allowed to have nuclear weapons and the Strait of Hormuz must remain open.

American Petroleum Institute: API asked USTR to drop duties on industrial inputs critical to the oil and gas industry.

Xi Jinping: Chinese President Xi Jinping agreed to a trade truce with Trump in November 2025, capping tariffs at 20%.

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.

Xi Jinping: Xi Jinping, as the Chinese leader, has engaged in discussions with Donald Trump regarding trade and the Iran war.

American Petroleum Institute: The American Petroleum Institute provided figures on US crude oil, gasoline, and distillate inventories.

Xi Jinping: Xi Jinping, as the Chinese President, is scheduled to meet with Donald Trump, which could impact the broader geopolitical landscape.

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