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Analyst Warns Of 'Serious Escalatory Tit-For-Tat Cycle' If Iran Strikes Back, Raising Fears Of 'Wider War' In Middle East
Friday, April 5, 2024 - 2:03am | 622Amid rising tensions in the Middle East, Helima Croft predicts “serious Iranian retaliation” that could lead to broader regional conflict. What Happened: On Thursday, Croft, an analyst at RBC Capital Markets, expressed concerns over the potential repercussions of the recent escalation...
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Is $100 Oil Imminent? This Pro Says Geopolitical Events Could Make It Happen
Tuesday, May 29, 2018 - 3:13pm | 396Oil prices traded lower Tuesday morning and saw heavy selling pressure last week. With the price of WTI hovering around the $67 mark, the upside case for $100 a barrel still can't be ruled out, according to Helima Croft, global head of commodity strategy at RBC Capital Markets. What Happened...
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Russia May Shun OPEC's Production Cut Strategy, Strategist Says
Monday, November 27, 2017 - 12:06pm | 407OPEC ministers will gather on Thursday in Vienna and attempt to reach a consensus on expanding a 2016 oil supply cut beyond March of next year. The Expert Helima Croft, managing director and global head of commodity strategy with RBC Capital Markets. The Strategy Oil prices could fall to the...
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Don't Expect OPEC To Make Changes To Its Agreement
Monday, July 24, 2017 - 9:43am | 352OPEC and other non-member energy giants like Russia agreed in June to extend its 2016 supply reduction deal to boost energy. But a few months into the extension and oil prices remain stuck below the $50 per barrel mark, which indicates the agreement isn't working in supporting oil prices. According...
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Analyst: So Long, Cheap(er) Gas Prices
Monday, April 10, 2017 - 9:07am | 386Gas prices bottomed near November of 2015 when the national average dipped below $2 per gallon. While the price of gas has since rebounded, it is still cheaper compared to 2008 when a gas crisis pushed the average price of gas above $4 per gallon. Consumers looking to take advantage of the cheaper...