Tracking upstream emissions with US oil supply on the rise

US oil supply is expected to increase this year, and new tools tracking upstream emissions will bring interesting new insights. Deb Ryan, head of low-carbon market analytics for S&P Global Commodity Insights, explains her team's monthly carbon-intensity estimates, which rank upstream emissions from 104 oil fields around the world. She's watching what will happen in the Permian Basin as drillers potentially respond to higher prices but face challenges with gas takeaway capacity. The US Energy Information Administration estimates US oil supply growth at 850,000 b/d in 2022, and S&P Global raised its outlook to 930,000 b/d to account for higher sustained prices. Stick around after the interview for Chris van Moessner with the Market Minute, a look at near-term oil market drivers.