Tom Kool

Latest articles from Tom

• Oil Posts Solid Gains This Week

  Published 14 July 2017 | viewed 9,673 times

  Oil prices posted some solid gains this week, but with the market outlook remaining gloomy, a continuation of this upward trend looks unlikely to last…

• Oil Rises Despite Gloomy Outlook

  Published 11 July 2017 | viewed 12,232 times

  As Goldman Sachs warned of another oil price collapse if bullish catalysts remained absent, oil prices struggled early this week, recovering slightly due to U.S.…

• Oil Price Rally Unwinds As Markets Doubt OPEC’s Intentions

  Published 07 July 2017 | viewed 13,589 times

  This week’s oil price rally started to unwind on Friday as a result of rising OPEC exports, increasing U.S. shale output and a rising rig…

• Markets Overcome The Crash: Oil Rally Continues

  Published 04 July 2017 | viewed 23,671 times

  Fueled by a bout of short covering, oil prices continue to climb towards $50 as some analysts now see more upside than downside. Chart of…

• Oil Price Gains Could Be Here To Stay

  Published 30 June 2017 | viewed 35,162 times

  Oil prices are rallying as speculators close out short bets, but as Libya continues to bring production back online, it is unclear how solid these…

• Oil Rebounds Despite Sour Sentiment

  Published 27 June 2017 | viewed 10,249 times

  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…

• All Eyes On OPEC As Oil Prices Sink

  Published 23 June 2017 | viewed 24,628 times

  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)…

• Is $40 Oil On The Horizon?

  Published 20 June 2017 | viewed 17,253 times

  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…

• Can Oil Come Back From Its Longest Losing Streak In Years?

  Published 16 June 2017 | viewed 33,685 times

  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 Flat As OPEC Sees Market Balancing At “Slower Pace”

  Published 13 June 2017 | viewed 9,920 times

  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…

• Pessimism Sweeps The Oil Markets

  Published 09 June 2017 | viewed 20,228 times

  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…

• Bearish News Mounts For Oil Markets

  Published 06 June 2017 | viewed 15,456 times

  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…

• OPEC’s Conundrum: Higher Prices Or Market Share

  Published 02 June 2017 | viewed 11,450 times

  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 Markets Worry OPEC Has No Exit Strategy

  Published 30 May 2017 | viewed 13,340 times

  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…

• Naive Hedge Funds Bet Too Big On An OPEC Cut

  Published 26 May 2017 | viewed 15,694 times

  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…

• OPEC Deal: 9-Month Extension Looking Increasingly Likely

  Published 23 May 2017 | viewed 10,694 times

  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.…

• OPEC Pushes Up Oil, But Will The Gains Continue?

  Published 19 May 2017 | viewed 15,870 times

  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 Set To Rise On Back Of OPEC Deal Extension

  Published 16 May 2017 | viewed 18,624 times

  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 Stabilizes As OPEC Ponders Deeper Cuts

  Published 12 May 2017 | viewed 19,188 times

  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.…

• Is The Market Ignoring OPEC?

  Published 09 May 2017 | viewed 13,398 times

  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…