Podcasts Government Resources Radio Getting to the Bottom of the Barrel: Understanding Volatile Oil Markets, with Helima Croft

Getting to the Bottom of the Barrel: Understanding Volatile Oil Markets, with Helima Croft

Published: May 3, 2022, 4 p.m.

In this week\u2019s episode, host Daniel Raimi talks with Helima Croft, a managing director and the Head of Global Commodity Strategy and Middle East and North Africa Research at RBC Capital Markets. Croft talks about how the oil market has responded to historical events in the past and how current events have been influencing the oil market today. Croft and Raimi\u2019s conversation ranges from Russia to Europe to China to Saudi Arabia to Texas and beyond. They discuss how the Organization of the Petroleum Exporting Countries (OPEC), Ukraine, and the US government have responded to recent high oil prices; the implications of sanctions on Russian oil and gas; and how the perception of Russian sanctions may vary across the international energy sector.\n\nReferences and recommendations:\n\n\u201cThe World for Sale: Money, Power, and the Traders Who Barter the Earth\u2019s Resources\u201d by Javier Blas and Jack Farchy; https://global.oup.com/academic/product/the-world-for-sale-9780190078959\n\n\u201cSyriana\u201d the movie; https://www.imdb.com/title/tt0365737/\n\n\u201cCrude Volatility: The History and the Future of Boom-Bust Oil Prices\u201d by Robert McNally; http://cup.columbia.edu/book/crude-volatility/9780231178143