The 10 Minute Take - Can Trump Bring Peace to the Oil War?

Mar 26, 2020 | Brian Moore


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“The 10-Minute Take” is a new podcast series dedicated to providing insights from RBC economists and market experts on events unfolding around the globe.

The 10 Minute Take Podcast

Donald Trump is using every diplomatic tool to stop the oil war unleashed by Russia and Saudi Arabia, betting that neither can sustain themselves for long at $25 a barrel. But the Russians may be betting that Trump – or at least U.S. oil producers – will blink first, by scaling back American production and allowing OPEC+ to again drive global markets. Helima Croft, RBC Capital Markets Global Head of Commodities Strategy, joins us to explain.

 

Click for for the full podcast; The 10 Minute Take.