Tom Kool

Latest articles from Tom

• The Unstoppable Oil Rally

  Published 26 January 2018 | viewed 27,209 times

  Ongoing declines in U.S. inventories and a weakening U.S. dollar have pushed oil prices up even further this week. (Click to enlarge) (Click to enlarge)…

• OPEC Drives Oil Prices Back Up

  Published 23 January 2018 | viewed 22,610 times

  The EIA is predicting that fossil fuel production in the United States will hit record levels in both 2018 and 2019, and as oil prices…

• Can Anything Stop The Shale Surge?

  Published 19 January 2018 | viewed 13,618 times

  Higher oil prices may lead to huge growth in U.S. shale production, according to revised predictions from both OPEC and the IEA. (Click to enlarge)…

• Has Oil Become Overbought?

  Published 16 January 2018 | viewed 13,254 times

  Strong demand and falling inventories have pushed oil prices to their highest level in years, but this could be a double-edged sword as OPEC members…

• Is $70 The Ceiling For Oil Prices?

  Published 12 January 2018 | viewed 23,498 times

  While sentiment in the oil market remains bullish, analysts cannot seem to agree on crude's next big move.  (Click to enlarge) (Click to enlarge) (Click to…

• Can Oil Break The $70 Threshold?

  Published 09 January 2018 | viewed 15,286 times

  As the oil price rally continues it is looking increasingly likely that Brent will break the $70 mark, a scenario that has OPEC on edge…

• Oil Rally Falters As Traders Seize Profits

  Published 05 January 2018 | viewed 11,556 times

  After a strong start to 2018, oil prices fell back slightly on Friday morning. While geopolitical tensions and strong inventory drawdowns were the main culprits…

• Oil Markets Start 2018 With A Bang

  Published 02 January 2018 | viewed 13,282 times

  Despite pipelines in the North Sea and Libya coming back online in 2018, oil has remained above $60 in the new year. These high prices…

• Oil Tops $60 At Close of Year

  Published 29 December 2017 | viewed 20,573 times

  (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)Friday, December 29, 2017 Oil prices are set to close out…

• Oil Holds Steady Through Holidays

  Published 26 December 2017 | viewed 10,151 times

  Oil held steady this week while light trading pushed prices slightly higher on Tuesday morning, adding to the likelihood that oil prices will hold their recent…

• Oil Trades Sideways Ahead Of Christmas

  Published 22 December 2017 | viewed 10,149 times

  The oil market has remained relatively quiet ahead of the holidays, despite the EIA suggesting increased production in the U.S. (Click to enlarge) (Click to…

• Oil Market On Edge Following Outages

  Published 19 December 2017 | viewed 12,233 times

  Several key outages have left the oil markets anxious despite a promising start to the week. Analysts are keeping a close eye on both Nigeria and Venezuela…

• IEA Dashes Bullish Sentiment In Oil

  Published 15 December 2017 | viewed 25,923 times

  With the IEA's most recent report suggesting a global supply glut may be looming, it seems the oil bulls have retreated and prices have stagnated. …

• Brent Pipeline Closure Confuses Oil Markets

  Published 12 December 2017 | viewed 17,225 times

  The closure of one of the most important pipelines in the oil market sent Brent prices soaring on Monday, with one analyst claiming it was…

• Why Oil Prices Bounced Back

  Published 08 December 2017 | viewed 37,957 times

  On the tail end of a rather dull week in oil markets, crude prices recovered on Thursday and Friday following the Trump administration's announcement that…

• Oil Markets Calm After OPEC Storm

  Published 05 December 2017 | viewed 9,046 times

  Oil prices retreated slightly at the beginning of the week as the excitement from the OPEC meeting faded, though sentiment remained bullish in the markets.…

• OPEC Extension Sends Oil Prices Soaring

  Published 01 December 2017 | viewed 20,807 times

  Oil markets' initial reaction to yesterday's OPEC news was rather dull, however oil prices saw a sharp spike on Friday morning as the bulls returned…

• All Eyes On OPEC As Meeting Nears

  Published 28 November 2017 | viewed 10,373 times

  Oil markets are waiting patiently for the outcome of Thursday’s OPEC meeting, and the idea that traders could be disappointed is beginning to gain traction.  (Click to…

• Flurry Of Bullish News Boosts Oil Prices

  Published 24 November 2017 | viewed 31,328 times

  Oil prices saw significant gains on Friday following a week of bullish news and though the OPEC meeting is still a week away, analysts are…

• Oil Prices Stuck Ahead Of OPEC Meeting

  Published 21 November 2017 | viewed 15,876 times

  As the OPEC meeting rapidly approaches, bullish sentiment appears to have taken a time-out with the recent suggestion that the production cut extension may not…