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Tom Kool


Contributor since: 23 Sep 2015

Tom Kool

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations

Latest articles from Tom

  • Iraq Could Complicate OPEC Extension

    Published 17 March 2017 | viewed 8,690 times

    Oil prices are refusing to budge this Friday, despite a large increase in the U.S. rig count and some bearish noises from OPEC.   (Click…

  • Oil Prices Sink As Bearish Sentiment Takes Hold

    Published 14 March 2017 | viewed 14,247 times

    Oil prices were hit hard on Tuesday by a bearish EIA report and continued uncertainty over a possible OPEC deal extension. Natural gas also saw…

  • How Much Further Can Oil Prices Fall?

    Published 10 March 2017 | viewed 45,724 times

    Oil prices fell nearly 8 percent this week as speculators rushed for the exit and closed near record long positions.   (Click to enlarge) Friday,…

  • Rising Rig Count Sees Oil Edge Lower On Final Trading Day Of 2016

    Published 30 December 2016 | viewed 15,533 times

    Baker Hughes this week reported yet another increase in the U.S. oil and gas rig count, with 5 more rigs coming online. The previous two…

  • Can Chinese Crude Demand Continue To Grow In 2017?

    Published 29 December 2016 | viewed 12,293 times

    The OPEC deal might have revived oil prices for now, but a combination of elevated inventories and the threat of lower demand growth in China…

  • Oil Prices Steady After Slim Inventory Build

    Published 29 December 2016 | viewed 11,709 times

    The EIA this morning reported a build of 614,000 barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute interrupted the…

  • Oil Falls After API Reports The Biggest Crude Inventory Build In 6 Weeks

    Published 28 December 2016 | viewed 27,103 times

    Oil prices fell on Wednesday after having to 18-month highs as oil markets are anticipating OPEC cuts that are expected to be made starting January 1…

  • Oil Rich Iraqi Oil Province Kirkuk Ready To Participate In OPEC Cuts

    Published 22 December 2016 | viewed 8,168 times

    Kirkuk, one of Iraq’s richest oil provinces and under Kurdish control since 2014 has now said it’s ready to curb oil production if Iraq requires…

  • Oil Prices Edge Lower On Crude Inventory Build

    Published 21 December 2016 | viewed 15,326 times

    The EIA this morning reported a build of 2.3 million barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute prolonged…

  • Oil Inches Higher After API reports Significant Draw To U.S. Crude Inventories

    Published 20 December 2016 | viewed 23,696 times

    Oil prices inched up on Tuesday in a low volume trading session after the American Petroleum Institute’s (API) weekly report showed a larger than expected…

  • Rosneft To Ramp Up Global Expansion Under Trump

    Published 19 December 2016 | viewed 13,598 times

    A breakthrough in international strategy and the election of ExxonMobil CEO Tillerson as U.S. Secretary of State could stand to benefit Rosneft and Russia significantly.…

  • Oil Spikes 5 Percent On Supply Outages, Stock Draw

    Published 08 April 2016 | viewed 6,233 times

    Oil prices spiked on Friday morning as a series of outages, lower supply and stockpile draws saw confidence grow amongst crude traders. Both WTI and…

  • Security Woes Threaten OPEC’s Second Largest Producer

    Published 23 January 2016 | viewed 31,373 times

    Iraq has been one of the key contributors to the uptick in OPEC oil production over the past year and a half. Despite the fact…

  • Saudi Arabia: A Weak Kingdom On Its Knees?

    Published 14 January 2016 | viewed 56,184 times

    The great Kingdom of Saudi Arabia—the long-time dictator of crude oil prices for the world—is struggling on all fronts. The Saudis are losing their proxy…

  • 3 Energy ETF’s For A Battered Oil Market

    Published 13 January 2016 | viewed 6,181 times

    Recently there was progress for energy investments at the Paris Climate Conference, and subsequent bill H.R.2029 passed by the U.S. Congress. The latter allowed for…

  • Can Next Week’s OPEC Meeting Comfort Oil Markets?

    Published 24 November 2015 | viewed 9,449 times

    This week, the North American oil rig count fell again after a pause, and oil prices continue to exhibit weakness. As below chart suggets, especially…

  • Oil Finds Some Support As WTI Hits $40 Mark

    Published 20 November 2015 | viewed 13,012 times

    We start with an overview of last week’s most important data from the oil and gas sector: Related: OPEC’s Bad Bet By The NumbersOil prices continued…

  • Is The Oil And Gas Fire Sale About To Start?

    Published 15 October 2015 | viewed 25,568 times

    Much has been written about the mounting pile of debt for U.S. oil companies (not to mention the well-known Brazilian oil giant).Not that long ago,…

  • Six Reasons Natural Gas Prices Are Staying Down

    Published 05 October 2015 | viewed 20,085 times

    The critical natural gas transit country, Ukraine, reached a supply agreement in the last week of September with the EU’s largest fuel supply partner: Russia.One…

  • Shell’s Loss Is Eni’s Gain

    Published 02 October 2015 | viewed 11,023 times

    At the beginning of this week, oil major Shell announced that it will indefinitely postpone (read: completely abandon) its Arctic drilling operations in the Chukchi…

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