RBC Analyst Helima Croft On US-Iran Strikes Says Oil Price Impact Of Today’s Military Action Will Hinge On Whether IRGC Folds In Face Of Aerial Onslaught
Feb 28 (Reuters) -
RBC ANALYST HELIMA CROFT ON US-IRAN STRIKES: OIL PRICE IMPACT OF TODAY’S MILITARY ACTION WILL HINGE ON WHETHER IRGC FOLDS IN FACE OF AERIAL ONSLAUGHT
RBC ANALYST HELIMA CROFT: OUR UNDERSTANDING IS THAT REGIONAL LEADERS WARNED WASHINGTON ABOUT RISKS OF ANOTHER CONFRONTATION WITH IRAN, INDICATED THAT $100+/BBL OIL WAS CLEAR DANGER
RBC ANALYST HELIMA CROFT: IN OUR VIEW, EVERY OPEC+ PRODUCER IS ESSENTIALLY MAXED OUT WITH THE SOLE EXCEPTION OF SAUDI ARABIA
RBC ANALYST HELIMA CROFT: BARREL IMPACT OF ANY HEADLINE OPEC+ INCREASE TOMORROW WILL BE LIMITED BY LACK OF ACTUAL PRODUCTION CAPABILITIES
RBC ANALYST HELIMA CROFT ON US-IRAN STRIKES: OFFICIALS IN WASHINGTON COULD REGRET NOT REFILLING SPR IF THIS PROVES TO BE A LONGER DURATION CONFLICT
RBC ANALYST HELIMA CROFT: CHINA HAS BEEN AGGRESSIVELY FILLING ITS STRATEGIC RESERVES, POTENTIALLY DUE TO SUPPLY DISRUPTION CONCERNS
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