Saudis Driving Oil Prices Higher

Published April 9, 2019 | 2 min watch

How will Saudi production cuts influence the global energy market? Helima Croft, our Global Head of Commodity Strategy, joined CNBC to discuss the drivers behind rising oil prices.

According to Helima, Saudi Arabia has reversed course since ramping up production last year on the heels of the Iranian sanctions. As demand rises, Saudi Arabia is looking to raise prices and increase revenue, while U.S. shale producers continue to cap the price upside. Hear from Helima on what’s coming next.

Helima Croft
Head of Global Commodity Strategy and MENA Research
RBC Capital Markets

Helima Croft is a Managing Director and the Global Head of Commodity Strategy at RBC Capital Markets. She specializes in geopolitics and energy, leading a team of commodity strategists that cover energy, metals and cross-commodity investor activity. Helima is a member of the National Petroleum Council, a select group of individuals who advise, inform and make recommendations to the Secretary of Energy with respect to any matter relating to oil and natural gas. She also is a CNBC contributor, a member of the channel’s exclusive family of experts, is on the Board of Directors for the Atlantic Council, and is a Life Member of the Council on Foreign Relations.

EnergyOPECOilSaudi Arabia