The September 14 attack on Saudi oil projects took 5.7 million b/d of crude supply off the global market, but, ultimately, had little impact on oil prices. That's partly due to the growth of US oil production. But what is global demand from US crude and how much can be exported? On this...

A week after attacks on Saudi oil facilities shut down nearly 6% of the global oil supply, Brent futures prices are up less than $5/b. The market reaction has been wrong, though, giving Saudi estimates that output will quickly return far too much credibility and significantly undervaluing an...

Pioneer CEO Scott Sheffield sees Permian production growth slowing next year, but he still thinks the basin will eventually pump a staggering 8 million b/d. In an interview with Capitol Crude at the Center for Strategic and International Studies, Sheffield shared his views on breakeven oil prices,...

Columbus Oil operates 27 oil wells in rural Oklahoma which each produce an average of just 8 to 10 b/d of oil equivalent. On this week's Capitol Crude, Darlene Wallace, Columbus' president, CEO and owner, talks about all the cost-cutting she's had to take to make a profit --...

On this week's Platts Capitol Crude, we look at the impact of the US shale boom on the US economy as the Trump administration continues to push the narrative that a recession is not imminent. Mine Yucel and Michael Plante with the Federal Reserve Bank of Dallas call in to talk about the...

Last week, the Trump administration held its latest auction for oil and gas leases in the Gulf of Mexico. The sale generated high bids of less than $160 million, drawing interest in less than 1% of the total acreage offered. But could those bids be nullified? On today's podcast, Brettny...

Alberta oil producers are in the eighth month of mandatory production curtailments. Have they worked? On today's Capitol Crude, Rory Johnston, a commodity economist at Scotiabank, talks about the impact of the curtailments on prices, supply and investment in Western Canada's oil...

Tariffs, retaliatory tariffs and currency fights, the US and China are locked in a trade war with massive consequences for the global economy. What impact will this fight have on US crude oil exports and ongoing US sanctions on oil exports out of Iran and Venezuela? Could disputes over tariffs...

With their output shattering records, US oil producers are flaring an unprecedented amount of unwanted gas. On this week's Platts Capitol Crude, Ali Oktay, a senior pricing specialist with S&P Global Platts, talks about why flaring is increasing in the Permian and Bakken and why...

On today's Platts Capitol Crude, Fernando Ferreira, a senior analyst with Rapidan Energy Group, discusses a new report that forecasts the oil market impact of Iran successfully blocking the Strait of Hormuz, the world's busiest oil chokepoint. Rapidan's report, "Battlespace & Barrel Flow: Oil...