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☆ Oil prices rely on geopolitics regardless of who wins election, says RBC's Helima Croft
▼ + stars: | 2024-11-05 | 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 EmailOil prices rely on geopolitics regardless of who wins election, says RBC's Helima CroftHelima Croft, RBC Capital Market's head of global commodity strategy weighs in on how the energy sector would be impacted by a Trump victory.

Persons: RBC's Helima Croft Helima Croft, Trump Organizations: RBC Capital

☆ Oil market participants need to know if Iran-Israel conflict is over, says RBC's Helima Croft
▼ + stars: | 2024-10-28 | 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 EmailOil market participants need to know if Iran-Israel conflict is over, says RBC's Helima CroftHelima Croft, RBC Capital Markets head of global commodity strategy, joins 'Money Movers' to discuss if Israel exercised restraint in not targeting Iran's oil facilities, the demand side of the oil market, and much more.

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

☆ Gold's record rally pauses due to stronger dollar, higher yields
▼ + stars: | 2024-10-23 | by ( ) www.cnbc.com time to read: +2 min

Gold prices surged to a record high on Wednesday as the conflicts in the Middle East and uncertainty surrounding the upcoming U.S. election spurred demand for safe-haven assets. Gold prices fell over 1% after hitting a record high on Wednesday, as a stronger dollar and a rise in U.S. Treasury yields countered support from safe-haven demand linked to the Nov. 5 U.S. election and Middle East war. Spot gold was down 1% to $2,721.12 per ounce as of 12:25 p.m. EDT (1410 GMT) after hitting a record high of $2,758.37 earlier in the session. However, gold could see the $2,800/oz level by the week's end on safe-haven demand, Haberkorn added. The dollar index rose 0.3% to near a three-month high, making gold less appealing for other currency holders, while U.S. bond yields climbed to a three-month high.

Persons: Bob Haberkorn, Haberkorn, Ole Hansen, Kamala Harris, Donald Trump Organizations: Treasury, Saxo Bank, U.S, Republican, Reuters Locations: U.S

☆ It's too soon to write off the story in the Middle East entirely, says RBC's Helima Croft
▼ + stars: | 2024-10-18 | 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 EmailIt's too soon to write off the story in the Middle East entirely, says RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the recent drop in oil prices, impact of MIddle East tensions and China demand, market outlook, and more.

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

☆ U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry
▼ + stars: | 2024-10-15 | by ( Spencer Kimball | ) www.nbcnews.com time to read: +3 min

Year to date, U.S. crude oil has fallen more than 1%. But Croft warned of a spiral of escalation that could ultimately lead to an oil disruption. Israel could be holding the oil card in reserve until they see how Iran responds to their strike, she said. OPEC also has millions of barrels per day in spare capacity that could jump into the breach if there is a supply disruption. “They will want to see that there is a physical supply disruption before they really jump in front of this.”

Persons: Israel, Helima Croft, CNBC’s, Brent, Croft, ” Croft, “, ” Organizations: Biden, NBC News, RBC Capital Markets, West Texas Intermediate, Natural Gas, Israel, Global, International Energy Agency, IEA, OPEC Locations: Israel, Iran, Americas, U.S, Saudi Arabia

☆ Israel's response to Iran and impact on oil remains in question, says RBC's Helima Croft
▼ + stars: | 2024-10-15 | 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 EmailIsrael's response to Iran and impact on oil remains in question, says RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, and John Kilduff, Again Capital founding partner, join CNBC's 'The Exchange' to discuss outlooks on oil as prices fall 5%, expectations for conflict in the Middle East, and more.

Persons: RBC's Helima Croft Helima Croft, John Kilduff, CNBC's Organizations: RBC Capital Markets, Capital Locations: Iran

☆ U.S. crude oil on pace to eke out second weekly gain on Middle East war risk
▼ + stars: | 2024-10-11 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil on Friday was on pace to eek out its second weekly gain in a row as Israel prepares to retaliate against Iran. Oil prices have gained more than 10% through Thursday's close since Iran hit Israel with ballistic missiles last week. Here are Friday's energy prices:Israel's security cabinet met Thursday to discuss the country's response to Iran's attack, according to media reports. Traders have worried that Israel will hit Iran's oil industry, potentially triggering a cycle of escalation that causes a significant disruption of supplies in the Middle East. Croft warned, however, that the U.S. influence may have waned since April, when Israel's response to Iran's first missile and drone attack was relatively muted.

Persons: Natasha Kaneva, Morgan, Joe Biden, Benjamin Netanyahu, Biden, Israel, Helima Croft, Croft Organizations: Brent, Traders, RBC Capital Markets Locations: Iran, The U.S, Israel

☆ Croft: The oil market is still in watch-and-wait mode.
▼ + stars: | 2024-10-07 | 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 EmailCroft: The oil market is still in watch-and-wait mode. Helima Croft, Head of Global Commodity Strategy at RBC Capital Markets, highlights concerns about possible attacks on key oil infrastructure and the potential for price spikes if the conflict escalates.

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

☆ U.S. crude oil jumps 2%, trades near $76 as market waits for Israel strike against Iran
▼ + stars: | 2024-10-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil rose about 2% on Monday, as the market waited for Israel to strike Iran. Oil prices spiked last week on fears that Israel could hit Iran's oil industry in retaliation for Tehran's ballistic missile attack. The impact on the oil market would be significant if Israel struck Kharg Island, through which 90% of Iran's crude exports pass, Croft said. The worst-case scenario is a disruption in the Strait of Hormuz, through which 20% of the world's crude exports flow, Gelder said. Iran might target the strait in response to an Israeli strike, which would have a far more dramatic effect on crude prices, the analyst said.

Persons: Israel, Joe Biden, Biden, Helima Croft, Croft, CNBC's, Alan Gelder, Wood Mackenzie, Gelder Organizations: Texas Intermediate, Brent, RBC Capital Markets Locations: Israel, Iran, U.S, Kharg, Wood, Strait, Hormuz

☆ Brent Crude could rise to $90 a barrel if Israel attacks Iranian export facilities, says RBC's Croft
▼ + stars: | 2024-10-04 | 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 EmailBrent Crude could rise to $90 a barrel if Israel attacks Iranian export facilities, says RBC's CroftHelima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack on Iranian oil facilities, where Iran's oil exports are going, and much more.

Persons: RBC's Croft Helima Croft Organizations: RBC

☆ $100 oil could be the October surprise no one wanted
▼ + stars: | 2024-10-03 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —The Middle East is in chaos, and the oil market is remarkably calm about it. The chill reaction in the oil market reflects a boy-who-cried-wolf mindset that has set in. Even just two years ago, oil prices skyrocketed to $130 a barrel in March 2022 after Russia invaded Ukraine. Oil prices skyrocketed in 2019 when Saudi oil facilities were damaged in an attack that US officials blamed on Iran. A disruption in the Strait of Hormuz could send oil prices above $100 a barrel, according to ClearView.

Persons: ”, Bob McNally, “, It’s, McNally, George W, Bush, Israel, ” Helima, Joe Biden, Croft, internationalize, Kevin Book, ClearView, it’s, Biden Organizations: New, New York CNN, Investors, Rapidan Energy Partners, Israel, RBC Capital Markets, CNN, CIA, ClearView Energy Partners, International Energy Agency, RBC, Strategic Petroleum Reserve, Citigroup, Citi Locations: New York, Iran, China, OPEC, Saudi Arabia, Russia, United States, ” Helima Croft, Ukraine, Israel, Saudi, Strait, Hormuz, Riyadh, Persian

☆ Israel retaliation may target Iran oil infrastructure, boosting prices further, Wall Street analysts say
▼ + stars: | 2024-10-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The expanding war in the Middle East, however, has reached a new boiling point as Israel has vowed a "painful" response to Iran's attack. The government of Prime Minister Benjamin Netanyahu could take aim at the Islamic Republic's oil infrastructure in retaliation, geopolitical and crude market analysts say. "The next turn in this retaliation spiral may very well involve oil – via the degrading of Iran's oil capacityor Iran's proxies attacking oil and gas shipping from the Persian Gulf," Piper Sandler analysts told clients in a Wednesday research note. If Iran's oil exports of around 1.8 million bpd were taken offline, prices would likely jump by at least $5 per barrel, McNally said. An escalation on this scale could send oil prices higher in increments of $10 per barrel, the analyst said.

Persons: Ali Mohammadi, Benjamin Netanyahu, Helima Croft, Jack Jacobs, Jacobs, Croft, Piper Sandler, Bob McNally, McNally Organizations: Persian Gulf, Bloomberg, Getty, OPEC, RBC Capital Markets, U.S, Army, Rapidan Energy Locations: Bandar Abbas, Iran, Israel, China, Persian

☆ Stocks tumble, oil spikes as Mideast tensions flare
▼ + stars: | 2024-10-01 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Gold and crude oil rallied, while the 10-year Treasury yield dropped. On the economic data front, job openings rose unexpectedly in August. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Traders elected to crowd into safe-haven assets like gold as Iran launched a barrage of missiles toward Israel on Tuesday. AdvertisementAs oil rallied, so did gold and the bond market, with investors piling into risk-off assets.

Persons: —, Helima Croft, Quincy Krosby, Bill Adams Organizations: Treasury, Service, Traders, RBC Capital Markets, CNBC, Global, LPL, Labor, Comerica Bank Locations: Israel, Iran, Lebanon

☆ U.S. crude oil drifts lower, trades below $68 per barrel despite war in Lebanon
▼ + stars: | 2024-10-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil prices drifted lower Tuesday as the risk of rising supply from OPEC+ overshadows a dramatic escalation of the war in the Middle East. Israel has dispatched ground forces into southern Lebanon after pounding the Iran-backed militia Hezbollah with airstrikes for days, eliminating much of the group's leadership. For now, traders remain focused on weak demand in China and the prospect of OPEC+ producing more oil starting in December, Croft said. Here are Tuesday's energy prices at 8:43 am ET:OPEC leader Saudi Arabia might be prepared to allow more oil back onto the market to pressure members such as Iraq with lower oil prices, said Bob McNally, president of Rapidan Energy. Saudi has become increasingly frustrated with Iraq producing more crude than then their production targets, McNally said.

Persons: we've, Helima Croft, CNBC's, Croft, Bob McNally, McNally Organizations: RBC Capital Markets, Rapidan Energy, Saudi Locations: East, Israel, Lebanon, Iran, China, Saudi Arabia, Iraq

☆ Croft: To date, we haven't seen a supply disruption.
▼ + stars: | 2024-09-30 | 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 EmailCroft: To date, we haven't seen a supply disruption. Helima Croft, RBC Capital Markets' Head of Global Commodity Strategy, highlights Middle East tensions and potential risks to oil supply, but notes no major disruptions yet

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

☆ Croft: We haven't seen major disruptions, but conflicts could impact markets.
▼ + stars: | 2024-09-23 | 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 EmailCroft: We haven't seen major disruptions, but conflicts could impact markets. Helima Croft, RBC Capital Markets' Head of Global Commodity Strategy, highlights rising oil prices and geopolitical risks related to Iran and Hezbollah that are "not fully priced in." She notes that while energy supplies remain stable, conflicts could impact markets.

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

☆ Crude oil to see 'oversupply situation' in 2025, RBC Capital's Helima Croft
▼ + stars: | 2024-09-12 | 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 EmailCrude oil to see 'oversupply situation' in 2025, RBC Capital's Helima CroftHelima Croft, global head of commodity strategy at RBC Capital Markets, joins CNBC's "Squawk on the Street" to discuss why crude oil prices are rebounding after a sell-off, her outlook for the sector and more.

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

☆ Commodity ETFs are sliding in the third quarter. Why that could be positive for patient investors
▼ + stars: | 2024-08-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

More than halfway through the third quarter, many of the biggest commodity ETFs in the United States are in sizable holes. Kathy Kriskey, senior commodities ETF strategist at Invesco, said that oil supply is actually tight at the moment. The commodities slump could be partially due to mechanical factors in the market, such as low trading volumes combined with large commodity trading advisors betting against the sector, Kriskey said. "The price of corn has taken almost three full years from those 2022 spike highs to get back down. And oil, one of the biggest weights in commodity indexes, could see stepped up supply in coming months.

Persons: It's, Ryan Grabinski, Strategas, Kathy Kriskey, Kriskey, Sal Gilbertie, We're, Gilbertie, What's, Jerome Powell, Goldman Sachs, Morgan Stanley, Matijn, — CNBC's Michael Bloom Organizations: Strategy, United States Oil Fund, U.S ., Commodities, 4Q, DB Base Metals Fund Locations: United States, Ukraine, U.S, China

☆ U.S. crude oil rises above $74 per barrel but is on pace for weekly loss
▼ + stars: | 2024-08-23 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four sites that make up the country's oil reserve. Crude oil futures rose more than 1% on Friday, but are on pace for a weekly loss as slowing demand in China weighs on the market. "That has really evaporated from the market," Croft said. "The market has really refocused on these demand concerns," Croft said. "Chinese demand concerns have really weighed on this market as well as broader concerns about the macro outlook," she said.

Persons: Brent, Helima Croft, CNBC's, Croft Organizations: Strategic Petroleum Reserve, RBC Capital Markets, Traders Locations: Mound, Brazoria County , Texas, China, Iran, Israel, Tehran

☆ These situations will not settle themselves, says Atlantic Council's Fred Krempe on geopolitics
▼ + stars: | 2024-08-13 | 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 EmailThese situations will not settle themselves, says Atlantic Council's Fred Krempe on geopoliticsCNBC contributors Fred Krempe, Atlantic Council president and CEO, and Helima Croft, RBC Capital Markets head of global commodity strategy, join 'The Exchange' to discuss geopolitics, war conflicts on commodities, elections and more.

Persons: Fred Krempe, Helima Croft Organizations: CNBC, Atlantic, RBC Capital Markets

☆ Falling commodity prices are indicating there is trouble brewing with the economy
▼ + stars: | 2024-08-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Commodity prices have tumbled over the past month, signaling underlying weakness in the global economy despite the U.S. stock market bouncing back from recession fears. But commodity markets may be telling a different story about the global economy. The Invesco DB Base Metals Fund is down more than 7% over the past month, while crude oil futures dropped 14% from July 5 through Aug. 5. @HG.1 YTD mountain Copper futures, YTD Weakness in China, the world's second-largest economy, is weighing on copper and oil in particular, Melek said. OPEC on Monday lowered its global oil demand growth forecast this year by 135,000 barrels per day as expectations in China have softened.

Persons: Rob Ginsberg, Ginsberg, Bart Melek, DBB @HG, We've, Melek, I'm Organizations: U.S, Investors, Invesco DB Base Metals, Wolfe Research, TD Securities, DBB, Metals, Copper, CNBC, Global, Beijing, European Union, World Trade Organization, Federal Reserve, Securities Locations: U.S, China, Beijing, Jackson Hole , Wyoming

☆ Don't see OPEC increasing output into this market, says RBC's Helima Croft
▼ + stars: | 2024-08-05 | 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 EmailDon't see OPEC increasing output into this market, says RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy markets, oil production outlook, impact of Middle East tensions, and more.

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

☆ U.S. crude oil breaks $78 per barrel as fears of war between Iran and Israel grow
▼ + stars: | 2024-08-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil futures broke above $78 per barrel Thursday on fears that Israel and Iran are heading to a direct conflict after the assassination of a Hamas leader in Tehran. Iran Supreme Ayatollah Ali Khamenei has ordered a direct strike on Israel in response to the assassination of Hamas political leader Ismail Haniyeh, three Iranian officials told the New York Times. Khamenei ordered the direct strike at an emergency meeting of Iran's national security council Wednesday morning after Haniyeh was killed, the officials told The Times. Iran and Israel traded direct strikes in April, pushing oil prices to the highest point of the year, but they enemies ultimately pulled back from a full-scale war. The rising tensions come as an OPEC+ committee is meeting Thursday to review members' production quotas.

Persons: Ali Khamenei, Ismail Haniyeh, Haniyeh, Khamenei, Yemen's, Helima Croft, Croft Organizations: New York Times . West Texas, Times, Reuters, RBC Capital Markets Locations: Israel, Iran, Tehran, Iraq, Gaza

☆ Croft: Many market participants don't believe energy supply is at risk from Middle East conflict
▼ + stars: | 2024-07-29 | 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 EmailCroft: Many market participants don't believe energy supply is at risk from Middle East conflictHelima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses oil prices following new developments in the Middle East conflict.

Persons: Helima Croft Organizations: Global, RBC Capital Markets

☆ Here's what a Harris presidency could mean for energy markets and oil prices
▼ + stars: | 2024-07-26 | 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 EmailHere's what a Harris presidency could mean for energy markets and oil pricesHelima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses what a Kamala Harris presidency would mean for the energy markets.

Persons: Harris, Croft, Kamala Harris Organizations: Global, RBC Capital Markets

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