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How losing in the short term could be a slam dunk for oil production

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Listen: How losing in the short term could be a slam dunk for oil production

What does a plan by Saudi Arabia have to do with bad basketball? This week, on Capitol Crude, Platts senior editors Brian Scheid and Herman Wang compare the OPEC powerhouse's possible plan to assert its leading role in the world oil market to the strategy by the Philadelphia 76ers to lose games this season.

Break-even pricing for oil production is also a major factor in this global game, and low prices could have a big impact for key US policy decisions.

Check back every Monday for the latest analysis of US oil policy
news from leading Platts editors covering the Capitol. E-mail the editors at and

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