WebApr 12, 2024 · OPEC could also issue more production cuts later on in the year and spur a rally in oil prices in the second half, RBC's Helima Croft said, which is likely to push prices at the pump higher, too. Brent crude, the international benchmark, traded at $85.65 a barrel on early Wednesday. WebMar 15, 2024 · Helima Croft is a Global Managing Director, Head of Commodity Strategy at RBC based in Toronto, Ontario. Previously, Helima was an Intelligence Fellow at Council on Foreign Relations and also held positions at Barclays.
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WebRecession risks and the Fed are weighing on oil prices and pose a threat to OPEC, RBC's Helima Croft says The risk of a recession is weighing on oil prices, according to RBC’s Helima Croft. That’s posing a risk to OPEC, which recently slashed production to raise crude prices. WebJan 24, 2024 · China's relaxation of COVID restrictions will serve as the major upside catalyst for oil prices in 2024, said RBC's Helima Croft. She told CNBC the rise in Chinese oil imports and a rebound in domestic travel bode well for Brent and WTI crude. But the downside risk lies in Beijing retreating from further opening up the world's second-largest ... can someone get pregnant from a toilet seat
Recession risks and the Fed are weighing on oil prices and pose a ...
WebApr 11, 2024 · The growing risk of a recession is weighing on oil prices, and OPEC could step in with more production cuts, RBC's Helima Croft said. a day ago. LA Times. The Ultimate L.A. Bookshelf: Fiction. L.A.'s 16 essential works of literary fiction, from 'The Day of the Locust' to 'If He Hollers Let Him Go,' 'Play it as it Lays' to 'Interior ... WebApr 11, 2024 · Next Story Recession risks and the Fed are weighing on oil prices and pose a threat to OPEC, RBC's Helima Croft says. Advertisement. Popular on BI. An employee asked to go remote. WebHelima Croft. Head of Global Commodity Strategy and MENA Research, ... Helima joined RBC Capital Markets from Barclays, where she was a Managing Director and Head of … flap wheel lowes