Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations
Markets remain on edge despite a recent upturn in oil prices. The risk that oil may fall into the mid-$30s is looming and could spell…
Oil prices have been falling throughout the week, hitting a 10-month low on Wednesday, but Friday trading has seen a slight recovery. (Click to enlarge)…
Despite a busy week in oil news, prices are hovering around the mid-$40s mark as inventories remain high and production from OPEC members Libya and…
Oil prices recovered somewhat in Friday’s trading session as markets reacted stoically on another rise in the U.S. rig count. (Click to enlarge) (Click to…
Oil prices held mid to higher $40’s as OPEC admits it sees the markets rebalancing at a slower pace than anticipated. (Click to enlarge) (Click…
Oil has fallen lower this week, with a particularly bearish EIA report combining with geopolitical tensions in the Middle East to push prices downwards. Another…
The 9-month extension to the OPEC deal has had a surprisingly negative impact on oil prices, which headed downward once again at the start of…
Oil prices retraced this week as oversupply worries once again resurfaced in spite of a bullish U.S. inventory report. (Click to enlarge) (Click to enlarge)…
Oil prices fell slightly on Monday as analysts worry about the long-term implications of the OPEC output cut deal, fearing that OPEC does not have…
It seems that hedge funds and money managers had built up too big a bullish position before the OPEC deal, send oil prices down when…
Markets are reacting favorably as OPEC hints at a 9-month extension of its production cut deal with the May 25 meeting just around the corner.…
Oil prices broke the $50 mark in trading on Friday, suggesting that the OPEC deal extension rumors are still influencing markets. (Click to enlarge) (Click…
Oil prices climbed back up on Monday after Russia and Saudi Arabian oil ministers agreed on an extension of the current output cut deal (Click…
Oil prices appear to have recovered from last week's flash crash following a significant draw in U.S. inventories and bullish rumors surrounding the OPEC deal.…
As output in Nigeria and Libya rebound, markets seem unimpressed with OPEC’s announcement of a possible 9-month extension of the production cut agreement. (Click to…
Oil prices crashed on Thursday before bouncing back in trading on Friday, suggesting that the crash was due more to a technical selloff rather than…
Oil prices fell on Monday and Tuesday as hedge funds and money managers have started to cut bullish positions in oil in a reaction to…
Oil prices fell below $50 this week as rising U.S. oil output and increasing Libyan exports led to a more bearish sentiment in oil markets.…
As the global oil supply glut grows, Russia has not yet climbed on board of OPEC's production cut agreement extension. (Click to enlarge) (Click…
Oil prices fell fast on Friday afternoon as traders see the rising rig count as yet another sign that the markets are still grossly oversupplied.…