On this special edition of Platts Capitol Crude from CERAWeek by IHS Markit in Houston we're talking about the shifting global flows in crude grades. Demand for heavy crudes, due largely to US sanctions on Venezuela and Iran, is growing as production of light oil reaches historic highs....

On this early edition of Capitol Crude, we predict the top themes of next week's CERAWeek, the mega-conference where US shale producers, US government officials and OPEC ministers rub elbows. We spoke with American Petroleum Institute President and CEO Mike Sommers about surging US oil...

Have record US oil production and crude exports changed the US role in global maritime security? How can oil flows calm the brewing feud between the US and China? Is the closure of the Strait of Hormuz a credible threat? On this week's podcast, Dennis Blair, the former US Director of National...

Sanctions have been imposed and reimposed, US oil production continues to shatter records, but WTI and Brent prices have yet to blink. Are the days of oil climbing over $100 or below $30/b over? On today's podcast, Ed Morse, Citigroup's global head of commodities research, and John...

Is the looming IMO 2020 deadline for cleaning up marine fuels the Y2K of today's oil market? The American Fuel & Petrochemical Manufacturers say US refiners are well prepared to meet the stricter sulfur standards by January 1 after having a dozen years to prepare. The group joined the Coalition...

It's been two weeks since the Trump administration unveiled sanctions on PDVSA, Venezuela's state-owned oil company, and questions remain over where US Gulf Coast refiners will find replacement, heavy barrels, where Venezuela might ship its displaced supply and just how quickly oil...

Rampant oil consumption in Middle East nations is undermining their energy export economies and subsidy reform is desperately needed, Jim Krane argues in his new book "Energy Kingdoms: Oil and Political Survival in the Persian Gulf." On this week's Capitol Crude, Krane talks about the...

Global gasoline demand is stagnating and stronger fuel economy standards and the rise of electric vehicles could soon push demand down. But jet fuel demand is rising relatively dramatically and could soon be the key driver of world oil consumption, according to a new report by ClearView Energy...

The US Environmental Protection Agency is running out of time to deliver on President Donald Trump's promise to approve 15% ethanol blends by this summer's driving season. US Senator Mike Rounds, Republican-South Dakota, joined Capitol Crude to tell us why this is such a big issue for Midwest...

The Trump administration is pushing to expand oil and gas drilling to nearly all federal waters while weakening offshore safety rules developed in response to the Deepwater Horizon disaster. On this week's Capitol Crude, David Hayes, a deputy Interior secretary during both the Obama and...