Preparing to drive to that summer vacation? Gasoline is one of the most recognizable oil products to Americans, yet what drives the market is unknown to many. Senior oil editor Brian Scheid shares a few drinks with Jeff Bair, managing editor for US light ends, to take stock of high blendstock...

Now that the breaking news is winding down, Capitol Crude analyzes what the June 2 OPEC meeting means for the global oil market, US policymakers and US crude producers. Herman Wang is in Vienna with details of the meeting, which will likely be remembered as the first for Khalid al-Falih in his new...

Recent complaints out of Tehran that the nuclear deal has yet to yield tangible benefits leaves questions about the future of the deal and what it would mean for oil. Senior editors Brian Scheid and Herman Wang delve into the hand-wringing by some, despite efforts of the Obama administration to...

Iraq's semi-autonomous Kurdistan region has been hard hit by the oil price plunge of late, but it is attempting to pull its oil industry out of the shadows and toward legitimacy. Platts senior editors Herman Wang and Brian Scheid are joined by Ben Lando, founder and editor-in-chief of the Iraq Oil...

Saudi Arabia last week made a change in its oil leadership, naming former Saudi Aramco CEO Khalid al-Falih to the post of energy minister, replacing the long-serving Ali al-Naimi. Naimi, who regularly moved markets with his pronouncements on oil supply and demand, had been in charge of Saudi oil...

The state of the oil industry in Venezuela and its ailing PetroCaribe program are having effects on the market in other parts of the 'neighborhood' -- like the US, Caribbean and Central America. The Obama administration last week hosted the US-Caribbean-Central America Energy Summit in Washington,...

Oil prices have been on the rebound in recent weeks, with many market watchers saying that fundamentals appear improved. Some are predicting that the market will see supply and demand rebalance by the end of the year. Senior oil editors Brian Scheid and Herman Wang look closer at the market's green...

Iran's planned post-sanctions oil production path is colliding with crude market realities, keeping the country's production and exports from ramping up to meet initial expectations. Platts senior oil editors Herman Wang and Brian Scheid discuss the obstacles Iran is encountering,including factors...

Alaska has long been a bastion of the US' oil production, even giving dividend checks to residents from oil revenues. But oil price woes are having a major effect on a state that has no state income tax or state sales tax, and crude production on Alaska's North Slope in 2015 fell to its lowest...

On this week's Capitol Crude, Platts senior editors Brian Scheid and Herman Wanglook at the growing opposition to oil drilling in the Gulf of Mexico. Abigail Ross Hopper, director of the Interior Department's Bureau of Ocean Energy Management, says in an interview that the Obama administration is...