Helima Croft, RBC Capital Markets global head of commodity strategy, joins ‘Squawk Box’ to discuss the latest energy prices, when the effects of OPEC+ oil cuts will be felt, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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13 Comments
they cut because the demand is not there. oil is going to 40.
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THIS IS MANSOOR
N.Y.S.E
C.B.O.E
NYMEX
GLOBAL GDP 2.8 % 60 MON5H LONG MUST BE CONSIDERED OPEC.
SAUDI ARAMCO
US DOMESTIC AND EURO DOMESTIC MUST BE CONSIDERED AS PROMINENT AND MATURED.
GOOD FAITH MUTUAL TRUST AND ABOVE ALL MUTUAL RESPECT NATIONAL SECURITY
FREEDOM AND SECURITY OF THE PERSON PARAMOUNT MOU PRIME MINISTER MOHAMMED BIN SALMAN AND EXPARTEI SOLE INTERNATIONAL JUDICIAL NOTICE IN MOTION AS STATED SINCE 2001-2-15-20 -TO DATE.
PEACE THROUGH STRENGTH RULE OF LAW HIGH RESOLVE.
MOST BELOVED OF DAD DEAR 2030 + POSSIBLE NATO SECURITY SERVICE INSHALLAH.
MR. DIMON
ZELLET LEADERSHIP
HON.JUSTICE ISMAIL CASSIM MANSOOR AKA LUKE MUST BE RESPECTED AND FULFILLED BY LAW.
GENERAL PROVISIONS OF INTERNATIONAL LAW ENTRUSTED SEAL CO-OPERATION AND CO-ORDINATION SOPHISTICATED ONLY AS STATED MOU
HON.JUSTICE ISMAIL CASSIM MANSOOR AKA LUKE MUST BE RESPECTED AND FULFILLED BY LAW TWICE- NUMEROUS
This administration obviously has no interest in refilling the SPR. There is nothing to stop them from at least starting to refill the SPR in small quantities if they don't want to make a large commitment. We are now down to approximately 371 million barrels from 634 million barrels.
Pretty obvious the Biden Administration has no interest or intention of refilling the SPR…this is their SOP when dealing with major events….very similar to their “brilliant” withdrawal plan from Afghanistan. Do nothing and hope for the best…in this case their blind, fervent idiocy that green energy solves everything…am sure that is going to work out just as brilliantly as their Afghanistan plan.
Democrats won't refill SPR.
Poor Helima. At least she'll be close to retirement when her Saudi Texas friends start sinking beneath their oil.
Hope our government of by and for the people…. bought and buys many millions of barrels at 68 to refill our strategic reserve. Selllll at 75.
Recommending everyone here to invest in crypto, because high liquidity associated with bitcoin makes it an excellent investment vehicle.
Agricultural segment of economy is a huge consumer of distillates; rarely mentioned by any of these pundits.
Helima
You keep moving the goal post of when oil price will increase for more than a year now
Haha, Russia and Saudi Arabia should just come out and say: "We thought you wanted to go more green, so corresponding with that we decided to help with drilling less oil. Or did you guys just have a feel good moment there at COP26?"