Tom Kool

Latest articles from Tom

• Soaring U.S. Oil Production Forces Prices Down

  Published 02 November 2018 | viewed 20,779 times

  Oil prices continued to slide on Friday afternoon, despite a small decline in the U.S./Canadian rig count. (Click to enlarge) Friday, November 2, 2018 Iran…

• Oil Awaits Direction As Iran Sanctions Loom

  Published 30 October 2018 | viewed 8,955 times

  Oil started out the week seeing some volatility and choppy trading, awaiting more signs of a clear direction. (Click to enlarge) (Click to enlarge) (Click…

• Oil Prices Struggle To Regain Footing

  Published 26 October 2018 | viewed 10,558 times

  Oil suffered steep losses this week on renewed fears that the supply surplus might make a comeback (Click to enlarge) (Click to enlarge) (Click to…

• Oil Prices In Free Fall As Iran Fears Fade

  Published 23 October 2018 | viewed 35,333 times

  Oil prices fell drastically Tuesday morning despite Iran sanctions still looming over markets. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)-…

• Oil Market Loses Its Bullish Edge

  Published 19 October 2018 | viewed 12,445 times

  Oil markets are calming down after several weeks of bullish news, with Goldman Sachs now saying that crude is unlikely to break $100 per barrel. …

• Oil Prices Under Pressure As U.S. Shale Supply Soars

  Published 16 October 2018 | viewed 17,612 times

  The big story in oil markets this week has been the escalating tension between the United States and Saudi Arabia, with many analysts suggesting that…

• Oil Markets Take A Bearish Turn

  Published 12 October 2018 | viewed 14,836 times

  Bearish EIA data and a global stock market crash sent crude tumbling this week, but prices appear to have stabilized, at least for now. (Click…

• Oil Prices Rise On Iran, Hurricane Outages

  Published 09 October 2018 | viewed 13,249 times

  Oil prices recovered on Tuesday morning, with WTI breaking the $75 mark and Brent climbing above $85 per barrel.  (Click to enlarge) (Click to enlarge)…

• EIA Report Threatens Oil Price Rally

  Published 05 October 2018 | viewed 25,610 times

  The oil price rally saw a correction on Thursday before stabilizing on Friday morning, and refinery maintenance season may soon add more downward pressure to…

• What Drove Brent Above $85?

  Published 02 October 2018 | viewed 13,902 times

  Oil jumped on Tuesday morning after a busy geopolitical weekend was compounded by a flood of bullish news on Monday afternoon.  (Click to enlarge) (Click…

• The $100 Oil Debate

  Published 28 September 2018 | viewed 20,716 times

  WTI and Brent continued to climb higher on Friday and more bullish indicators suggest the rally has only just begun. (Click to enlarge) (Click to…

• Brent Oil Breaks Its Post-Crash High

  Published 25 September 2018 | viewed 15,496 times

  WTI and Brent rallied on Monday and Tuesday, ahead of the API inventories report as traders grew more concerned that sanctions on Iran can have…

• Is Oil On Its Way To $80?

  Published 21 September 2018 | viewed 34,843 times

  Bullish news on both the supply and demand side sent oil prices up again on Friday morning, with Brent falling back after flirting with $80.…

• Oil Markets Unfazed By $200 Billion Trade War Escalation

  Published 18 September 2018 | viewed 8,603 times

  Oil prices are up slighting despite the ongoing tit-for-tat tariff war between the United States and China.  (Click to enlarge) (Click to enlarge) (Click to…

• Oil Markets Enter “Crucial Period”

  Published 14 September 2018 | viewed 22,593 times

  Oil prices edged up this week on lost supply from Iran and Venezuela, although those supply concerns are somewhat offset by worries over demand. (Click…

• Oil Nears $80 On Iran Concerns

  Published 11 September 2018 | viewed 13,141 times

  The oil bulls appear to have returned following reports of turmoil in Libya and Iraq. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click…

• The End Of The Oil Price Rally

  Published 07 September 2018 | viewed 24,976 times

  Oil prices slipped this week as unexpected builds in gasoline inventories due to a drop in demand with driving season coming to an end. (Click…

• Oil Nears $80 Per Barrel

  Published 04 September 2018 | viewed 56,657 times

  Building on last week’s rally, which was spurred by fears of an impending supply crunch, oil prices are quickly approaching a two-month high with $80…

• Oil Posts Second Consecutive Week Of Gains

  Published 31 August 2018 | viewed 6,811 times

  Though oil prices dipped slightly on Friday morning, they are still on track for a second consecutive week of gains with no slowdown in sight. …

• Oil Holds Gains Despite Downward Pressure

  Published 28 August 2018 | viewed 11,541 times

  Oil prices have held onto gains in the last few trading sessions. “Brent is still holding its own above $76 per barrel, finding support from…