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☆ Helima Croft: I'm in the best moment to achieve my personal ambitions
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHelima Croft: I'm in the best moment to achieve my personal ambitions"I grew up in Washington D.C. and that fueled my ambition." CNBC contributor & RBC Capital Markets Managing Director and Global Head of Commodity Strategy shares what ambition means to her.

Persons: Helima, I'm Organizations: Washington D.C, CNBC, RBC Capital Markets, Global, Commodity Strategy Locations: Washington

☆ Helima Croft: I grew up in Washington D.C. and that fueled my ambition
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHelima Croft: I grew up in Washington D.C. and that fueled my ambition"Access to energy is critical for the developing world." CNBC contributor & RBC Capital Markets Managing Director and Global Head of Commodity Strategy shares what ambition means to her.

Persons: Helima Organizations: Washington D.C, CNBC, RBC Capital Markets, Global, Commodity Strategy Locations: Washington

☆ The White House faces a tough choice on Iranian crude oil exports this summer: RBC's Helima Croft
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe White House faces a tough choice on Iranian crude oil exports this summer: RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the factors impacting the global energy market, impact of the $95 billion aid package passed by the House, state of the oil market, impact of Middle East tensions, and more.

Persons: Helima Croft Helima Croft Organizations: RBC Capital Markets, House

☆ 'Iran is in for the long haul' with oil tanker hijacks, expert says, as U.S. considers more sanctions
▼ + stars: | 2024-04-16 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Before this weekend's tanker seizure, the last vessel Iran hijacked was the St. Nikolas on January 1. A Planet Labs satellite image of the location of the MSC Aries and other tankers recently hijacked by Iran. Planet Labs PBCAs the U.S. considers more sanctions against Iran in response to its recent attack on Israel, Iran has been using the hijacked ships as a means of sanctions retaliation. Iran chose to do this as a way to compensate for sanctions," Madani said. In a note to clients, ClearView highlighted that the House of Representatives added several Iran sanctions bills to its calendar for consideration this week, under suspension rules, including new sanctions on Iranian oil exports to China.

Persons: Nikolas, Houthis, Samir Madani, Eyal Ofer's, Madani, Janet Yellen, Helima Croft, Andy Lipow, Brent, Lipow, Kevin Book, Book Organizations: Anadolu, Getty, MSC Aries, U.S . Naval Forces Central Command, Galaxy Leader, MSC, Planet Labs, U.S . Energy Information Agency, United Arab, JPMorgan, CNBC, Lipow Oil Associates, ClearView Energy Partners, US, UN Locations: Gulf of Oman, Hormuz, Anadolu, Iran, Israel, Gaza, U.S, Iranian, Khuran, China, Russia, Malaysia, United Arab Emirates, Oman, Strait, Tehran, East, North Africa, India, Saudi Arabia, Kuwait, Iraq, France, Germany

But the calm could be short lived, as world leaders and markets focus on Israel’s response. Military clashes don’t always sink the markets, as was the case when Hamas attacked Israel in October and Israel retaliated. “We may be entering one of the most treacherous geopolitical eras since World War II,” Jamie Dimon, JPMorgan Chase’s C.E.O., warned last week. “Take the win,” President Biden reportedly told Israel’s embattled prime minister after the attack was rebuffed with American help. Iran has signaled that the attack was a one-and-done, but Israel’s war cabinet hasn’t indicated its next move.

Persons: Israel, ” Jamie Dimon, JPMorgan Chase’s, Benjamin Netanyahu, Biden, hasn’t, Helima Croft Organizations: JPMorgan, ”, RBC Capital Markets Locations: Israel, Ukraine, United States, Iran

☆ Too soon to fade the Iran-Israel tension story, says RBC Capital's Helima Croft
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailToo soon to fade the Iran-Israel tension story, says RBC Capital's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk on the Street' to discuss why oil prices are lower today, if Israel will move on Iran despite U.S. opposition, and more.

Persons: Helima Croft Helima Croft Organizations: RBC, RBC Capital Markets Locations: Iran, Israel

☆ Oil price surge is the No. 1 threat to the US economy, Moody’s economist warns
▼ + stars: | 2024-04-08 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

But there is a growing threat to that sunny economic backdrop: surging oil prices. Global oil prices are flirting with $92 a barrel amid worries about a wider war in the Middle East. US oil prices surged above $87 a barrel late last week for the first time since late October, leaving them up about 21% this year. First, drone attacks on oil refineries deep inside Russia helped lift oil prices last month. Beyond the Middle East tensions, oil and gas prices have been boosted by OPEC and its allies, which continue to restrain supply.

Persons: “, ”, Mark Zandi, Moody’s, Donald Trump, Trump, ” Zandi, hasn’t, Andy Lipow, Brent, ” Helima Croft, Joe Brusuelas, ” Brusuelas, Brusuelas, Vincent Reinhart, Mellon, ” Reinhart, he’s, Patrick De Haan, ” De Haan Organizations: New, New York CNN, Federal Reserve, Wall, CNN, “, Iranian Revolutionary Guards, Lipow Oil Associates, CIA, RBC Capital Markets, RSM, AAA, OPEC, Lipow Locations: New York, Iran, Russia, Syria, Israel, Quds, “

☆ Surging oil prices may challenge the Federal Reserve's inflation fight
▼ + stars: | 2024-04-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

Mounting geopolitical tensions stemming from conflict in the Middle East and Eastern Europe have helped drive oil prices to five month highs, challenging the Federal Reserve's fight against inflation. U.S. crude oil gained 4.5% this week, touching $87 a barrel on Friday before settling at $86.91. Rising energy prices may affect the timing or magnitude of interest rate cuts, he said. The Federal Reserve is focused on bringing down core inflation, which excludes volatile energy and food prices. Escalating attacks are coming against a backdrop of an already tightening global crude market.

Persons: Brent, Bart Melek, Andy Lipow, Lipow, Bob Yawger, Yawger, Netanyahu, Manish Raj, White, Biden, John Kilduff, Kilduff, Melek, Saudi Arabia doesn't Organizations: Federal, American Automobile Association, West Texas, TD Securities, Lipow Oil Associates, Mizuho Americas, Valero, Philips, Marathon Petroleum, Velandera Energy Partners, Kyiv, JPMorgan, Financial Times, Again Capital, Bank of America, Saudi Locations: East, Eastern Europe, Iran, Israel, Ukraine, Damascus, Kyiv, Ukrainian, Russia, Saudi Arabia

The noise is eerily reminiscent of Russian drone strikes on Ukraine, but this episode was recorded closer to Moscow than to Kyiv. As the object comes closer, it becomes clear: This is a Ukrainian drone, flying over Russian territory. Seconds later, the drone dives from the sky, smashing into a pipe-covered tower at a Russian oil refinery, exploding on impact. The strike on March 13, one of several on this facility alone, was part of a concerted Ukrainian effort to target Russian oil refineries with long-range drones. Ukrainian drones like these are now equipped with a basic form of Artificial Intelligence, according to a source close to Ukraine’s drone program.

Persons: CNN —, “, ”, Noah Sylvia, ” Sylvia, Reuters Chris Lincoln, Jones, ‘, we’ve, Helima Croft, ” Croft, Volodymyr Zelensky, Brent, Croft, Vasco Cotovio, they’re, Vasyl Maliuk, Putin Organizations: CNN, “, Royal United Services Institute, Reuters, Ukrainian Defense Intelligence, Security Service of Ukraine, Kyiv, Intelligence, Autonomy, RBC Capital Markets, Ukraine, Washington, RBC Locations: Ukraine, Moscow, Kyiv, Ukrainian, Ryazan, Ryazan region, Russia, British, ” Ukraine, United States, Washington

☆ Crude oil showing signs of a breakout as it tops $80. What traders say happens next
▼ + stars: | 2024-03-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

U.S. crude oil futures might be showing signs of a break out after topping $80 this week, though some analysts caution against reading too much into the move. The move higher came after the International Energy Agency forecast a crude supply deficit this year and Ukraine attacked several oil refineries in Russia. U.S. crude performed the same pattern this week, wiping out and closing above last week's intraday high of $80.67. U.S. crude has also held above its 200-day moving average of $78.13 a barrel almost all month, he said. As the market enters a supply deficit this year, Riyadh could start rolling barrels back on the market, Melek said.

Persons: Matt Maley, Miller, Tom Fitzpatrick, R.J, O'Brien, WTI, Brent, Fitzpatrick, Maley, Malley, Bart Melek, Melek, We're, Carter Worth, It's, it's, Worth Organizations: West Texas Intermediate, International Energy Agency, SPDR, Energy, TD Securities, U.S, Worth Locations: Ukraine, Russia, Saudi Arabia, Saudi, Riyadh, U.S, United States

☆ Gold rises above $2,100 to highest level ever as traders bet on interest rate cuts
▼ + stars: | 2024-03-04 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Gold futures settled at the highest level ever on Monday as traders bet the Federal Reserve will start cutting interest rates in the second half of the year. When adjusted for inflation, gold set an all-time high of about $3,200 in 1980, according to Peter Boockvar, chief investment officer at Bleakley Financial Group. Gold has has performed well despite high interest rates and a strong dollar, he said. Gold now has upside on the expectation that the Fed will start cutting interest rates this year as inflation comes down, hesaid. Traders are betting the Fed will cut rates in June, according to the CME Fed Watch Tool.

Persons: It's, Peter Boockvar, Boockvar, Gold, Bart Melek, Melek Organizations: Federal Reserve, Miners, Bleakley Financial, TD Securities, Fed, Traders, CME Locations: U.S, Ukraine, China, Saudi Arabia

☆ Iran-backed attacks on the U.S. is a critical inflection point in the Middle East, says Helima Croft
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran-backed attacks on the U.S. is a critical inflection point in the Middle East, says Helima CroftHelima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses ongoing tensions in the Middle East and the resulting price of oil.

Persons: Helima Croft Helima Croft Organizations: Iran, Global, RBC Capital Markets

☆ Biden faces demands from Republicans in Congress to strike Iran after U.S. troop deaths
▼ + stars: | 2024-01-29 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

Kevin Dietsch | Getty ImagesCongressional lawmakers are demanding President Joe Biden strike Iran after three U.S. troops were killed Sunday night in Jordan in a drone strike claimed by the Islamic Resistance of Iraq, an Iranian-backed militia group. Iran has not commented on the attack, while Jordan's government denied it took place on its soil. "I am calling on the Biden Administration to strike targets of significance inside Iran, not only as reprisal for the killing of our forces, but as deterrence against future aggression," Republican Sen. Lindsey Graham said in a statement. Elmurod Usubaliev | Anadolu | Getty ImagesThe attack marks another regional escalation in a war that the Biden administration has tried to contain. Meanwhile, Lebanese Shia militia group Hezbollah and Israel are exchanging fire along the Israeli-Lebanese border, while Iran earlier this month struck targets in Iraq, Syria and Pakistan.

Persons: Lindsey Graham, Kevin Dietsch, Joe Biden, Republican Sen, Roger Wicker, Biden, Elmurod, Helima Croft Organizations: Sen, U.S, Capitol, Getty, Islamic, Hamas, Biden Administration, Republican, Senate Armed Services Committee, Anadolu, Lebanese Hezbollah, RBC Capital Markets Locations: Washington , DC, Iran, Jordan, Iraq, Iranian, U.S, Israel, Ankara, Turkiye, Yemeni, Gaza, Israel's, Yemen, Lebanese, Syria, Pakistan, Iraqi, United States

☆ Oil prices rise as US-led strikes in Yemen raise fears of wider conflict
▼ + stars: | 2024-01-12 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —US-led airstrikes on Houthi targets in Yemen rattled energy markets on Friday, sending oil prices sharply higher. Oil prices rose sharply after US-led strikes on multiple Houthi targets in Yemen in response to repeated attacks on commercial shipping in the Red Sea. Another concern is that oil facilities in Saudi Arabia could get hit by a retaliatory strike from the Houthis. In 2019, roughly 5% of world oil supply was briefly knocked offline in a large-scale drone attack on Saudi oil facilities. Despite Friday’s gains, oil prices remain lower than where they were before the October 7 attacks by Hamas against Israel due to concerns about oversupply.

Persons: Brent, “, ”, Robert Yawger, ” Yawger, John Kirby, CNN’s Becky Anderson, ” Kirby, ” Matt Smith, ” Helima Croft, Croft, ” Croft Organizations: New, New York CNN, Mizuho Securities, White House National Security Council, RBC Capital Markets, CIA Locations: New York, Yemen, East, Red, Iran, Saudi Arabia, Saudi, Gulf of Oman, Hormuz

☆ Gold posts weekly decline as dollar, yields climb
▼ + stars: | 2024-01-05 | by ( ) www.cnbc.com time to read: +2 min

Spot gold rose 0.1% to $2,044.21 per ounce after falling and then rising by about 1% earlier in the session. "First, the nonfarm payrolls data came in stronger than expected, due to which we saw some pressure applied to gold ... Both the U.S. dollar and 10-year Treasury yields hit their highest levels in three weeks, heading for their best weeks since July and October, respectively. On the physical front, gold buying in major consumer India rose this week, as domestic prices fell back from record highs. Palladium fell 0.9% to a three-week low of $1,027.11 in its ninth consecutive session of declines and was down 6.4% on the week.

Persons: David Meger, Saxo, Ole Hansen Organizations: Singapore Gold, Institute for Supply Management, High, U.S ., U.S . Federal Locations: Singapore, India

A picture taken during an organised tour by Yemen's Houthi rebels on November 22, 2023 showing the Galaxy Leader cargo ship approaching the port in the Red Sea off Yemen's province of Hodeida. Oil prices fell Tuesday as traders monitored rising tensions in the Red Sea amid a backdrop of record U.S. crude production and worries about demand in China. Crude prices had jumped more than 2% earlier in the trading session on escalating tensions in the Red Sea, a crucial global trade chokepoint. And Iran on Monday deployed a destroyer to the Red Sea, according to the country's Tansim news agency. The move by Tehran comes after U.S. Navy helicopters destroyed three boats of Iran-backed Houthi rebels.

Persons: Yemen's Houthi, Brent, Helima Croft, Croft, Adi Imsirovic, Ayatollah Ali Khamenei, Neil Beveridge, Lloyd Organizations: Galaxy Leader, The West Texas Intermediate, RBC Capital Markets, CNBC, Center for Strategic, International Studies, Monday, U.S . Navy, Navy, U.S . Central Command, Energy, Prosperity Locations: Red, Yemen's, Hodeida, China, The, Iran, Tehran, Singapore, Hangzhou, Brent, Israel, Gaza, Suez, Africa, The U.S

☆ The longer the Israel-Hamas War, the greater the risk to global shipping, says Helima Croft
▼ + stars: | 2023-12-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe longer the Israel-Hamas War, the greater the risk to global shipping, says Helima CroftHelima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses rising tensions in the Middle East.

Persons: Helima Croft Helima Croft Organizations: Global, RBC Capital Markets Locations: Israel

☆ OPEC doesn't want to go back to 2015 when they lost control of the market, says RBC's Helima Croft
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC doesn't want to go back to 2015 when they lost control of the market, says RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of oil markets, the reasons behind a delay in the OPEC+ meeting, and more.

Persons: RBC's Helima Croft Helima Croft Organizations: OPEC, RBC Capital Markets

☆ Not seeing a 'significant slowdown' in oil demand, says RBC's Helima Croft
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNot seeing a 'significant slowdown' in oil demand, says RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Closing Bell Overtime' to talk the state of the crude oil market as prices climb after slipping last week.

Persons: RBC's Helima Croft Helima Croft Organizations: RBC Capital Markets

☆ 'There's a lot of things that can go wrong': A market-beating hedge fund manager shares how he's preparing for chaos in 2024 — and explains why uranium will continue to soar
▼ + stars: | 2023-11-10 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Prepare for volatility and chaos in 2024Kupperman's confidence in his hedge fund is inversely related to his outlook for the economy. "Recent geopolitical events, along with the collapse of bonds in many developed markets, seem likely to lead to an increase in overall market volatility," Kupperman wrote in his letter. If he's right about inflation, his hedge fund would be well-positioned to beat the market for a fifth consecutive year in 2024. "I do the same thing always, which is you buy cheap companies with really strong tailwinds and you hold 'em through the volatility," Kupperman said. For the last 18 months, Kupperman has been convinced that the future is in two commodities: oil and uranium.

Persons: Harris Kupperman isn't, Kupperman, I'm, it's, Wall, Valaris Organizations: Praetorian, Fund, Praetorian Capital Management, US, Uranium Trust Fund, Valaris, Tidewater Locations: Tidewater

☆ Any further escalation of tensions in Iran is bad for the oil markets, says RBC's Helima Croft
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAny further escalation of tensions in Iran is bad for the oil markets, says RBC's Helima CroftHelima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses the U.S. attack on Syria and what it means for the global economy.

Persons: RBC's Helima Croft Helima Croft Organizations: Global, RBC Capital Markets Locations: Iran, Syria

U.S. President Joe Biden's administration is likely to tighten crude oil sanctions against OPEC member Iran in response to the Islamic Republic's backing of Palestinian militant group Hamas, according to Helima Croft, head of global commodity strategy at RBC Capital Markets. Her comments come ahead of a widely expected ground offensive by Israel into Gaza, a move that Croft believes could set the tone for the West's response to Iran. It has been more than two weeks since Israel announced a "complete siege" on the Gaza Strip, cutting off food, water, fuel and electricity supplies after a devastating Hamas attack. "It certainly looks like the United States is trying to delay an Israeli ground operation because they want to get out the hostages, they want to get out the hundreds of Americans that are trapped in Gaza, but the question is, is this going to be postponed indefinitely, but I think people are bracing for some type of escalation in Gaza," Croft told CNBC's Dan Murphy in Saudi Arabia on Wednesday. She described the oil price reaction to the Israel-Hamas war as "sanguine" so far, but nevertheless said "a lot's going to hinge on what does a potential ground operation look like" and that a widening of the conflict into the broader Middle Eastern region could affect the crude supplies of Iran.

Persons: Joe Biden's, Helima Croft, Croft, CNBC's Dan Murphy Organizations: OPEC, Hamas, RBC Capital Markets, Israel Locations: Iran, Israel, Gaza, United States, Saudi Arabia

☆ Saudi Arabia could play important role in finding off-ramp to Israel-Hamas crisis, says Helima Croft
▼ + stars: | 2023-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia could play important role in finding off-ramp to Israel-Hamas crisis, says Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the mood from the FII Institute Conference, if there's been much talk about the Saudi Arabia-Israel relationship, and the companies who see business opportunities in the Middle East.

Persons: Helima Croft Helima Croft, there's Organizations: Saudi, RBC Capital Markets, FII Institute Conference Locations: Saudi Arabia, Israel

SummaryCompanies Safe-haven buying pushes up goldFocus on Fed Chair Jerome Powell's speech on ThursdayOct 18 (Reuters) - Gold rose to a more than two-month peak on Wednesday as the escalating conflict in the Middle East sent investors flocking towards the safe-haven metal. Spot gold increased 1% to $1,950.67 per ounce by 2:48 p.m. "Gold could breach $2,000 in the near-term if there is an escalation of geopolitical conflict. "Gold will pull back if the Middle East situation simmers down, but right now the market place is expecting a further escalation," said Jim Wyckoff, senior analyst at Kitco Metals. Spot silver rose 0.2% to $22.87, platinum fell 1.4% to $884.89 and palladium fell 1% to $1,132.61.

Persons: Jerome Powell's, Ryan McIntyre, Jim Wyckoff, Fawad, Ole Hansen, Ashitha, Daksh Grover, Sharon Singleton, Shilpi Majumdar, Shailesh Organizations: East, Sprott Asset Management, Graphics, Kitco Metals, City, Reuters Graphics Reuters, Federal, Saxo Bank, Thomson Locations: Gaza City, Bengaluru

☆ What Middle East Turmoil Means for Markets
▼ + stars: | 2023-10-12 | by ( Tyler Mathisen | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Middle East Turmoil Means for MarketsWith the current crisis in Israel casting a shadow over talks to normalize relations between Israel and Saudi Arabia, and threatening to spark a wider conflagration across the Middle East, the full impact on global markets has yet to be felt. Helima Croft, Managing Director and Global Head of Commodity Strategy, Global Research, RBC Capital Markets speaks about their latest research and some possible outcomes.

Persons: Helima Croft Organizations: Global, Commodity Strategy, Global Research, RBC Capital Markets Locations: Israel, Saudi Arabia

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