API Crude Oil Stock Change in the United States increased to 19.10 BBL/1Million in July 11 from 7.10 BBL/1Million in the previous week. This dataset provides - United States API Crude Oil Stock Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Access the American Petroleum Institute's (API) Weekly Statistical Bulletin (WSB), providing essential data for the US and regional petroleum markets.

API Gasoline Stocks in the United States decreased to 0.58 BBL/1Million in January 26 from 7.18 BBL/1Million in the previous week. This dataset provides - United States Api Gasoline Stocks- actual values, historical data, forecast, chart, statistics, economic calendar and news.

API Crude Runs in the United States increased to 0.09 BBL/1Million in April 5 from -0.01 BBL/1Million in the previous week. This dataset provides - United States API Refinery Crude Runs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for API CRUDE OIL STOCK CHANGE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Stocks of crude oil in the United States decreased by 3.86million barrels in the week ending July 11 of 2025. This dataset provides the latest reported value for - United States Crude Oil Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

API Cushing Number in the United States decreased to -0.35 BBL/1Million in April 11 from 2.24 BBL/1Million in the previous week. This dataset provides - United States Api Cushing Number- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The global API oil casing market is experiencing robust growth, driven by increasing global energy demand and the expansion of oil and gas exploration activities worldwide. While precise figures for market size and CAGR are unavailable, a reasonable estimation can be made based on industry trends. Assuming a current (2025) market size of approximately $15 billion USD and a conservative compound annual growth rate (CAGR) of 4%, the market is projected to reach approximately $20 billion USD by 2033. This growth is fueled by several key factors, including the rising demand for oil and natural gas to support global energy needs, and ongoing investments in exploration and production projects, particularly in regions like the Middle East, Asia Pacific and North America. The market also benefits from the continued development and adoption of advanced drilling technologies that require specialized and higher-quality casing. However, market expansion is not without its challenges. Factors such as fluctuating oil and gas prices, geopolitical instability in key production regions, and the growing focus on renewable energy sources, present headwinds to sustained market growth. Nevertheless, strong demand from the established oil and gas industry, coupled with emerging applications in geothermal energy and water resource management, are expected to maintain a significant level of market activity. The market is segmented by type (R-1, R-2, R-3 and other types), application (oil exploration wells, natural gas exploration wells, water source wells, geothermal wells, and others), and geography, providing diverse opportunities for players across the value chain. Key players like Tenaris, Vallourec, and TMK Group, along with regional manufacturers, are vying for market share, emphasizing technological innovation and strategic partnerships to gain a competitive edge. The next decade is expected to witness further market consolidation and technological advancements in API oil casing materials and manufacturing processes, driving both efficiency and sustainability.

The global gasoline engine oil market, valued at approximately $21.49 billion in 2025, is projected to experience steady growth with a compound annual growth rate (CAGR) of 3.4% from 2025 to 2033. This growth is driven by several factors, including the continued prevalence of gasoline-powered vehicles, particularly in developing economies, and the increasing demand for higher-quality, longer-lasting engine oils that enhance fuel efficiency and engine performance. Technological advancements in oil formulations, focusing on improved viscosity, friction reduction, and oxidation stability, are also contributing to market expansion. The major players in this market – ExxonMobil, Shell, BP, Total, Chevron, Valvoline, Sinopec, CNPC, Petronas, and Lukoil – are constantly innovating to meet the evolving needs of consumers and stricter emission regulations. Competitive pressures and the pursuit of market share drive investment in research and development, resulting in superior products and potentially impacting pricing strategies. However, the market faces certain challenges. The growing adoption of electric vehicles and hybrid powertrains poses a long-term threat to the demand for gasoline engine oil. Furthermore, fluctuations in crude oil prices, a key raw material, can impact profitability and pricing. Stringent environmental regulations worldwide also require manufacturers to develop more eco-friendly formulations, increasing production costs and potentially influencing the market landscape. Market segmentation, although not provided, likely includes different viscosity grades, performance levels (e.g., API certifications), and packaging sizes, each experiencing unique growth patterns influenced by vehicle types and regional preferences. Future growth will depend on a balance between technological innovation, raw material costs, environmental considerations, and the overall shift towards alternative fuel vehicles.

API Pipe Market Outlook

The global API pipe market size was valued at approximately USD 9.8 billion in 2023. Driven by increasing applications in various industries, the market is expected to reach around USD 15.2 billion by 2032, registering a CAGR of 5.1% during the forecast period. One of the main growth factors propelling this market is the escalating demand for oil and gas, which necessitates efficient and durable piping solutions.

One significant growth driver for the API pipe market is the burgeoning need for oil and gas exploration and production activities. With global energy demands on the rise, particularly in developing economies, there is a heightened requirement for efficient transportation solutions for oil and gas. API pipes, known for their high strength and ability to withstand extreme pressures and temperatures, are integral to these operations. Consequently, investments in pipeline infrastructure are on the rise, further boosting the market. Additionally, advancements in technology have resulted in more durable and cost-effective API pipe solutions, making them an attractive choice for industry stakeholders.

Another key growth factor is the increasing investments in water treatment and infrastructure projects around the world. As governments and private entities focus on ensuring clean water supply and efficient water management systems, the demand for API pipes in water treatment applications has surged. These pipes are essential for transporting water over long distances while ensuring minimal contamination and leakage. Moreover, the growing emphasis on sustainable construction practices has propelled the use of API pipes in various construction projects, given their durability and efficiency.

Furthermore, the chemical industry represents another significant market for API pipes. The need for robust and reliable piping systems to transport various chemicals under different conditions has driven the demand for API pipes. These pipes are designed to withstand corrosive environments, making them ideal for chemical plants and refineries. The increasing adoption of API pipes in the chemical sector is expected to provide a steady growth trajectory for the market. Additionally, the ongoing trend of industrialization in emerging economies is anticipated to create lucrative opportunities for market expansion.

The role of Line Pipe in the API pipe market is pivotal, especially in the context of oil and gas transportation. Line Pipes are specifically designed for the conveyance of oil, gas, and water under high pressure and temperature conditions. They are manufactured to withstand the rigorous demands of the energy sector, ensuring the safe and efficient movement of resources from extraction sites to processing facilities. The increasing demand for energy and the expansion of pipeline networks globally have underscored the importance of Line Pipes. As the industry continues to innovate, Line Pipes are being developed with enhanced materials and coatings to improve their durability and resistance to corrosion, making them a critical component in the infrastructure of energy transportation.

Regionally, the Asia Pacific region is expected to witness substantial growth in the API pipe market during the forecast period. Rapid industrialization, urbanization, and infrastructural development in countries like China and India are significant contributors to this growth. Furthermore, the region's increasing focus on expanding its oil and gas production capabilities has led to a heightened demand for API pipes. Investments in pipeline infrastructure and water treatment projects are also driving the market in this region. As a result, Asia Pacific is anticipated to be a key market for API pipes in the coming years.

Product Type Analysis

In the API pipe market, the product type segment is divided into seamless and welded pipes. Seamless pipes are known for their strength and ability to withstand high pressures, making them suitable for critical applications in the oil and gas industry. The seamless pipe segment is expected to hold a significant market share due to these advantages. Technological advancements in manufacturing processes have also made seamless pipes more cost-effective, further driving their adoption in various industries. Additionally, the increasing need for high-performance materials in demanding environments has bolstered the demand for seamless API pipes.

Welded pipes, on the other ha

API Distillate Stocks in the United States increased to 3.20 BBL/1Million in January 3 from -1.70 BBL/1Million in the previous week. This dataset provides - United States API Distillate Stocks Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The API Oil Casing market plays a critical role in the oil and gas industry, serving as a fundamental component in the construction and integrity of oil wells. API, or American Petroleum Institute, standards govern the specifications for casing pipes, which are essential for the safe and efficient extraction of petr

The global crude oil testing equipment market is a significant sector, estimated at $598.5 million in 2025. While the provided CAGR is missing, considering the consistent demand for accurate oil analysis driven by stringent quality control regulations and the increasing complexity of oil extraction and refining processes, a conservative estimate of a 5% CAGR for the forecast period (2025-2033) is plausible. This implies substantial market growth, reaching an estimated value exceeding $900 million by 2033. Key drivers include the rising global energy demand necessitating enhanced oil quality control, growing environmental regulations promoting cleaner energy practices, and technological advancements leading to more sophisticated and efficient testing equipment. Trends point towards a shift toward automated and portable testing solutions, increasing adoption of advanced analytical techniques such as spectroscopy and chromatography, and a focus on minimizing testing time and costs. The market is also witnessing a gradual increase in demand from emerging economies, driven by expanding exploration and production activities. The market faces certain restraints, including high initial investment costs for advanced equipment, a dependence on skilled personnel for operation and maintenance, and the potential for fluctuating oil prices impacting overall spending on testing technologies. However, the long-term growth prospects remain robust due to the essential role of crude oil testing in the global energy sector. The diverse range of equipment available, from basic density and viscosity meters to advanced elemental analyzers, caters to the varied needs of oil producers, refineries, and regulatory agencies. Leading players like Koehler Instrument, Anton Paar, and Thermo Fisher are strategically positioning themselves through product innovation, partnerships, and geographic expansion to capitalize on these opportunities. The market segmentation (although not explicitly provided) likely includes equipment types (e.g., density meters, viscosity analyzers, elemental analyzers), application segments (e.g., exploration, refining, quality control), and geographical regions. This fragmented yet growing landscape offers significant potential for market participants. This report provides a detailed analysis of the global crude oil testing equipment market, projecting a market value exceeding $2.5 billion by 2028. It delves into market dynamics, competitive landscapes, technological advancements, and regional variations, offering invaluable insights for industry stakeholders. Keywords: Crude oil analysis, petroleum testing, viscosity measurement, density meter, API gravity, oil quality control, refinery equipment, laboratory instruments, fuel testing equipment.

Industrial API Centrifugal Pumps Market Outlook

The global market size for industrial API centrifugal pumps was valued at USD 34.2 billion in 2023, and it is projected to reach USD 54.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2032. This growth is driven by increasing demand from key sectors such as oil & gas, chemical, and water & wastewater treatment, coupled with technological advancements in pump design and efficiency.

Several factors contribute to the robust growth of the industrial API centrifugal pumps market. First, the escalating needs of the water and wastewater treatment sector are pivotal. With global industrialization and urbanization, the demand for efficient water management solutions has surged, driving the need for centrifugal pumps that can handle large volumes of fluids. Additionally, stringent environmental regulations have necessitated the upgrade and expansion of water treatment facilities, further accelerating market growth.

Another significant growth driver is the oil and gas industry, where API centrifugal pumps are indispensable for various operations, including drilling, production, and refining. The recent recovery in oil prices has led to an uptick in exploration and production activities, thereby bolstering the demand for these pumps. Moreover, the ongoing development of new oilfields and the expansion of existing facilities are expected to sustain this demand over the forecast period.

Technological advancements also play a crucial role in the market's expansion. Innovations such as the integration of Internet of Things (IoT) technology, predictive maintenance, and energy-efficient designs have made modern centrifugal pumps more reliable and cost-effective. These advancements not only reduce operational costs but also enhance the lifespan and performance of the pumps, making them an attractive investment for end-users.

The role of Api Process Pumps in industrial applications cannot be overstated. These pumps are specifically designed to meet the stringent standards of the American Petroleum Institute (API), ensuring reliability and safety in critical operations. Api Process Pumps are particularly vital in the oil and gas sector, where they handle the transportation of crude oil, refined products, and other fluids under high pressure and temperature conditions. Their robust construction and ability to withstand harsh environments make them an indispensable component in upstream, midstream, and downstream processes. As industries continue to seek efficient and durable pumping solutions, the demand for Api Process Pumps is expected to rise, supporting the overall growth of the centrifugal pumps market.

From a regional perspective, the Asia Pacific region stands out as a significant market for industrial API centrifugal pumps. Rapid industrialization, coupled with increasing investments in infrastructure projects, particularly in countries like China and India, is driving the demand for these pumps. Additionally, the region's stringent environmental regulations and focus on sustainable development further complement market growth.

Type Analysis

In the industrial API centrifugal pumps market, the segmentation by type includes single-stage and multi-stage pumps. Single-stage centrifugal pumps, known for their simplicity and efficiency, are highly favored in applications where a single impeller suffices for fluid movement. These pumps are particularly popular in applications requiring moderate head and flow rates, such as water supply systems and HVAC systems in commercial buildings. The ease of maintenance and lower initial cost make single-stage pumps a preferred choice for many end-users.

On the other hand, multi-stage centrifugal pumps feature multiple impellers and are designed for applications requiring high head and pressure. These pumps are extensively used in industries such as oil and gas, where high-pressure fluid movement is essential. Multi-stage pumps are also critical in water treatment plants, where they help in reverse osmosis and other high-pressure processes. Despite their higher initial cost, the efficiency and performance benefits they offer make them indispensable in such demanding applications.

Grease Centrifugal Pumps play a crucial role

The global Internal Combustion Engine (ICE) Oil Compound market is experiencing robust growth, driven by the increasing demand for passenger cars and light trucks, particularly in developing economies. While the transition to electric vehicles presents a long-term challenge, the substantial existing fleet of ICE vehicles necessitates ongoing maintenance and the continued use of high-performance engine oil compounds. The market's segmentation by application (passenger car, light truck, railway locomotive, lawn mower, etc.) and type (API S gasoline, API C diesel, API S/C gasoline and diesel) reflects diverse needs and performance requirements. The substantial presence of established players like Lubrizol, Chevron Oronite, and Infineum indicates a mature market with significant competition, driving innovation in product formulations to enhance fuel efficiency, reduce emissions, and extend engine lifespan. Growth is further fueled by advancements in additive technology, catering to the evolving demands of stricter emission norms and increasingly sophisticated engine designs. However, fluctuating crude oil prices and the gradual shift towards electric mobility act as key restraints, influencing market growth trajectories. We estimate the market size in 2025 to be around $15 billion, based on available information and extrapolation using a reasonable CAGR. Growth is anticipated across all regions, with Asia-Pacific showing particularly strong potential due to rapid industrialization and automotive growth. The North American and European markets currently hold significant shares, driven by established automotive industries and a large existing vehicle fleet. However, developing regions such as Asia-Pacific and the Middle East & Africa are poised for significant expansion, given their growing vehicle ownership rates and expanding infrastructure. Specific segments like API S gasoline engine oil compounds are expected to remain dominant in passenger car applications, while API C diesel engine oil compounds will see substantial demand within the commercial vehicle and industrial machinery segments. Continuous research and development efforts are focused on producing eco-friendly formulations that meet evolving environmental regulations and enhance engine performance. The competitive landscape is characterized by both large multinational corporations and regional players, leading to a dynamic market environment where innovation and strategic partnerships play a crucial role. The forecast period (2025-2033) suggests continued growth, albeit at a potentially moderated rate due to the increasing influence of electrification.

Paraffin Base Crude Oil Market Outlook

In 2023, the global paraffin base crude oil market size was valued at approximately USD 85 billion and is projected to reach USD 120 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period. The market growth is driven by increased demand for high-quality lubricants and fuel in various industries including transportation and power generation.

The growth of the paraffin base crude oil market can be attributed to the rising demand for lubricants and fuels that provide superior performance and efficiency. Paraffin base crude oil, known for its higher paraffin content, offers better viscosity and low-temperature performance compared to naphthenic base oils. This makes it highly sought after in the automotive and industrial sectors where advanced lubrication is crucial. Additionally, the increasing mechanization in agriculture and industrial processes is further fueling the demand for high-performance lubricants, positively impacting market growth.

Another significant growth factor is the expanding petrochemical industry. Paraffin base crude oil serves as a vital feedstock for producing various petrochemical products, including plastics, synthetic rubber, and chemicals. With the global push towards urbanization and industrialization, particularly in emerging economies, the demand for petrochemical products is expected to surge, thereby boosting the market for paraffin base crude oil. Moreover, advancements in extraction and refining technologies are enabling more efficient and cost-effective production, further driving market expansion.

The transportation sector's reliance on paraffin base crude oil for fuel is another pivotal growth driver. With increasing global trade and the rising number of vehicles, the need for high-quality fuels that enhance engine performance and reduce emissions is paramount. Paraffin base crude oil, with its favorable combustion characteristics and ability to produce cleaner burning fuels, is well-positioned to meet this demand. Furthermore, stringent environmental regulations promoting the use of cleaner fuels are likely to bolster the market in the coming years.

The unconventional extraction segment is gaining traction due to the increasing demand for shale oil, particularly in North America. Shale oil, a type of unconventional oil found within shale formations, has become a significant contributor to the global oil supply. The advancements in hydraulic fracturing and horizontal drilling technologies have made it economically feasible to extract shale oil, thereby driving its production. As traditional oil reserves face depletion, shale oil offers an alternative source to meet the growing energy demand. Moreover, the geopolitical landscape and the desire for energy independence in regions like the United States have further accelerated the development of shale oil resources. The environmental concerns associated with shale oil extraction, however, continue to be a topic of debate, prompting ongoing research into more sustainable extraction practices.

Regionally, the Asia Pacific market is expected to witness significant growth due to rapid industrialization and increasing energy needs. Countries like China and India are experiencing a surge in transportation and industrial activities, leading to heightened demand for paraffin base crude oil. Additionally, the region's growing petrochemical infrastructure is contributing to the market's robust growth. North America and Europe are also major markets, driven by established automotive and industrial sectors, coupled with ongoing research and development efforts to enhance lubricant and fuel quality.

Type Analysis

Light Paraffin Base Crude Oil

Light paraffin base crude oil is characterized by its lower viscosity and higher API gravity, making it ideal for producing high-quality fuels and lubricants. The light paraffin base crude oil segment is gaining traction due to its superior refining qualities, which allow for the production of cleaner and more efficient fuels. Moreover, the technological advancements in refining processes are making it easier to extract and process light paraffin base crude oil, thereby fueling its demand. Industries such as automotive and aerospace are increasingly relying on light paraffin base crude oil for high-performance lubricants that ensure better engine protection and efficiency.

"Asphalts from Wyoming “black oils” are being studied at the Petroleum Experiment Station of the Bureau of Mines at Laramie, Wyo., in cooperation with the University of Wyoming. These black oils are characterized by their high-asphalt, high-sulphur, and low-gasoline content and are difficult to refine by present methods into high-octane motor fuels, burning oils, and lubricants. Accordingly, their principal use, at present, is for the manufacture of road oil and asphalt. The present production of black oil could be increased to meet a greater demand. During 1937 the daily production of these crude oils in Wyoming was slightly over 13,000 barrels, while the estimated potential production from existing wells was 56,000 barrels. To aid in the more economical use of the black crude oils, the Bureau of Mines has published Hempel analyses of samples from various fields and is studying the thermo decomposition of all or part of the crude oil and methods of treating the straight-run and cracked distillates for their manufacture into motor fuels. From these crude-oil analyses it was estimated that some of the oils contain as much as 50 percent of 100-penetration asphalt; however, no comparative data have been published concerning the properties of these asphalts. Accordingly, a related study of the yields and properties of the asphaltic fraction would be of value in finding more economical uses for this type of crude oil. This paper is a progress report of a study of the asphaltic fraction of Wyoming black oils. It describes the apparatus and method used in reducing Oregon Basin (Wyoming) crude oil to a dsired percentage of residuum or asphalt and gives the properties of the asphalts as determined by tests commonly used by the industry. From these data the properties of the 100-penetration asphalt were estimated. The temperature susceptibilities or the changes in consistency with changes in temperature, of the asphalts were calculated according to published formulas. These values were compared with the published values for similar asphalts from other crude oils."

The Medium Crude Oil market plays a pivotal role in the global energy landscape, serving as a crucial intermediary in the production of various petroleum products. Defined by its API gravity range of approximately 22 to 35 degrees, medium crude oil is characterized by its moderate viscosity and sulfur content, makin

The size of the Oil & Gas Downstream Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX% during the forecast period.Oil & Gas Downstream refers to the final stages of the oil and gas industry, involving the refining, distribution, and retailing of petroleum products. After crude oil is extracted in the upstream sector and transported to refineries, the downstream sector is responsible for processing the raw material and converting it into usable products. These products are then distributed to consumers, businesses, and industries. This growth can be attributed to the increasing demand for refined petroleum products, such as gasoline, diesel, and jet fuel, as well as the growing need for petrochemicals in various industries, such as plastics, fertilizers, and chemicals. Government initiatives aimed at reducing greenhouse gas emissions and promoting renewable energy sources are also driving the demand for downstream products. Technological advancements in refining and petrochemical processes are further fueling market growth. Recent developments include: April 2023- The U.S. independent refiner Valero received crude from Venezuela to refine, thus adding to the list of U.S. refineries that are absorbing volumes from the South American crude oil supplier. It processed over 8,500 b/d of 10.3°API Venezuelan crude at Bill Greehey Refinery in Corpus Christi, Texas. Valero now joins the ranks of U.S. oil major Chevron and refiner Phillips 66, which received a combined 50,000 b/d..