Energy Oracles: Opec watcher Croft on Saudi Arabia’s ‘whatever it takes’ strategy

Was the Saudi Arabia 1 million b/d cut really a surprise? Or was the oil market just not paying close enough attention? Helima Croft, head of global commodity strategy at RBC Capital Markets, talks to with Petroleum Economist’s editor-in-chief Paul Hickin on why fears around the complicated Russia-Saudi Opec+ relationship are overdone, the consistent strategy by the Opec kingpin to create an oil price floor and why the Saudi lollipop is just as tasty as an Opec basement cookie.