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    Fundamental backdrop for oil remains very strong, says RBC's Helima Croft



    Helima Croft, RBC Capital Markets, joins ‘Closing Bell’ to discuss what’s happening in the commodity market, if Croft’s belief on higher prices have changed and just how bad the gas market is in Europe. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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    View 19 Comments

    19 Comments

    3. txbre on

      I feel uncomfortable hearing this because I studied European history starting from the Roman era. This is not a good omen.

    6. Jim Beam on

      Here on Main Street I can tell you demand isn’t going anywhere. That gas price comes down, pickup trucks and suvs get filled and hitting the road. Demand for gas/oil isn’t going anywhere until people are laid off. Even then there’s a six month “vacation” period were people say what the hell and road trip.

    8. Solomon Fredrick on

      THE GOOD & BAD NEWS ALWAYS THERE. They just advertise bad news when market is down, Good news when market is up. PAY ATTN AND BE SMART ABOUT IT. WE RETAIL INVESTORS ARE BUYING THE DIP!

    10. Lus S on

      Dogecoin is better investment than oil. These experts will tell you crypto is garbage but oil and oil stocks are much worse. If you invested in Shell 20 years ago you are up 4percent. If you invested one dollar in crypto back then your probably a millionaire

    11. Wandering Questions on

      Propaganda. Russia didn’t cut the gas. That GazProm facility where the shortage is at is the tactility seized by the Germans from the Russians. They have a failure of a pump built by Siemens Corp and that device is only serviced by Siemens in Canada. The problem is the EU sanctions are preventing the delivery of the equipment and Germany can untangle this mess w/ Canada. But to be clear the decrease was not created by Russia. This is just anti-Russian propaganda. In sum, what can I believe about any of the facts this analyst promotes when it’s US propaganda andor the Oil/Gas industries talking points.

    12. Idella Meyer on

      I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein…

    15. P T on

      Buy the dip. FAAMG stocks (Amazon, Apple, Microsoft, Google) are such cash cows, and their stocks have dropped -27% since the highs in 11/2021 that I expect they would buy back their shares.

      Here's why:
      – people have jobs, under 4% unemployment
      – banks report the highest balances in people's accounts
      – house values are way up, people can always pull out the equity for cash
      – credit card sales for restaurants and hotels are up.
      – Back to school will increase retail sales. I have to buy the kids a new Apple Macbook and iPad and dorm stuff.

      Nothing to worry about. Q1 is historically low retail sales for the last 4 years.
      Morgan Stanley data shows that credit and debit card spending are way up (restaurants and hotel), but people just aren't buying lowend retail (Walmart, Target) as much.
      Side note: the news media are against social media because advertisers have left them and now mostly advertise on social media.

    18. ziitoun31 on

      Different this time ? Almost all Bitcoin metrics are now hinting at a price bottom ,Bitcoin investors face mixed sentiment as some think the bottom is very dangerous at this time to investors . Meanwhile , others fear the impact that a global recession could have on risk assets . For this reason , traders should analyze derivatives markets data to understand if traders are pricing higher odd of a downturn. Despite currently holding an extremely low futures premium (Basis rate ), the market has kept a balanced demand between leverage buyer and sellers . To exclude externalities specific to the futures instrument , trades must also analyze the Bitcoin option market . For instance , the 25% delta skew shows when Bitcoin whales and arbitrage desk are overcharging for downside or upside protection During bearish market , options investors gives higher odd for a price crash , causing the skew indicators to rise above 12%. As an investor , I will urge all Investors to Buy and not to hold but engage into Day-Trading in other to Grow and accumulate profits in their portfolio not to run at loss . I have been able to get profits of 5.5(BTC) in less than 5 weeks using signals alert provided by Dr Oscar Aldrich . Dr Aldrich can be contacted via What's app : +1(509)-219-9782 Telegram Oscar_Trade * for further inquiries in any crypto related issues .

    19. Sharanjeet on

      The economic hardship, recession, unemployment and the loss of job caused by covid pandemic is enough to push people into financial ventures. I'm taking a trip into investing because I lost so much during this pandemic. Multi creation of wealth is the best strategy to ensure financial sustainability…

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