Latest American Petroleum Institute News & Updates

Washington, March 25 (IANS) Oil markets swung sharply as investors weighed fears of a prolonged Middle East conflict against signs of possible diplomatic progress, with prices briefly topping $100 before retreating.Wall Street struggled for direction. Crude rose, bonds sold off, and stocks fell as conflicting signals emerged from Washington and the region, according to reporting by The Wall Street Journal.Front-month Brent crude climbed 4.6 per cent to $104.49 a barrel, while West Texas Intermed…