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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

  • Bearish Sentiment Builds In Oil Markets

    Published 09 September 2022 | viewed 14,596 times

    Bearish sentiment appears to be running rampant in oil markets, with OPEC+ production cuts and supply threats from Russia unable to significantly slow the oil…

  • Can OPEC+ Keep Oil Prices Above $90?

    Published 06 September 2022 | viewed 47,724 times

    Brent crude held above $90 per barrel at the beginning of the week after OPEC+ announced a tiny, symbolic output cut. Chart of the Week…

  • Oil Markets Spooked By China’s Lockdowns

    Published 02 September 2022 | viewed 5,171 times

    Crude prices bounced on Friday, recuperating some losses as China's COVID lockdowns become the main narrative in oil markets again. September 02, 2022. Chinese weakness…

  • Italian Oil Major Becomes Victim Of Ransomware Attack

    Published 31 August 2022 | viewed 5,158 times

    Italian oil major Eni reported a cyberattack on its computer networks on Wednesday. The attack appeared to be a ransomware attempt that has dealt only…

  • BP’s Indiana Refinery Restarts After Fire

    Published 31 August 2022 | viewed 4,480 times

    BP Plc’s Whiting, Indiana refinery has restarted production after being idled last week due to an electrical fire, Reuters reports, citing unnamed sources close to…

  • Oil Falls 5% On Growing Inflation Fears

    Published 30 August 2022 | viewed 12,269 times

    Crude prices fell more than 5% on Tuesday afternoon as a result of inflation fears and concerns about demand returned. Chart of the Week Can…

  • Iran Nuclear Deal Keeps Oil Markets On Edge

    Published 26 August 2022 | viewed 14,132 times

    Crude oil prices began to slip on Friday after Federal Reserve Chair Jerome Powell spoke for a mere 8 minutes, warning that there would be…

  • Russia’s Oil Production On Track For First Drop In Four Months

    Published 24 August 2022 | viewed 5,037 times

    Russian crude oil and condensate production has been 1.9% lower this month compared to July, and if the trend holds, August will be the first…

  • Bullish OPEC+ Rhetoric Sends Oil Prices Soaring

    Published 23 August 2022 | viewed 28,979 times

    Crude prices soared on Tuesday morning after OPEC+ leaked that it may decide to cut output once again if, and when Iran makes a full…

  • Disappointing Chinese Demand Takes Toll On Oil Prices

    Published 16 August 2022 | viewed 29,358 times

    Uncertainty about the Iran nuclear deal and disappointing Chinese crude demand and refinery throughput are creating headwinds for crude. Chart of the Week Can the…

  • Oil Prices Fall As Demand Concerns Persist

    Published 12 August 2022 | viewed 19,800 times

    Crude prices fell on Friday morning, erasing some gains as traders remain cautious to go long on crude again. August 12th,This week has been quite…

  • The Downside Risk Of Tomorrow's OPEC+ Meeting

    Published 02 August 2022 | viewed 23,440 times

    Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert.…

  • Saudi Arabia May Push For Higher OPEC Production

    Published 02 August 2022 | viewed 7,721 times

    Saudi Arabia is reportedly planning to advocate for higher oil production at the next OPEC+ meeting, which is taking place later this week. This is…

  • Bullish Sentiment Creeps Back Into Oil Markets

    Published 26 July 2022 | viewed 6,538 times

    While fears of a global recession are still very much alive and kicking, oil traders have been opening increasingly bullish positions in the belief that…

  • Brent-WTI Spread Widens To Over $8 As U.S. Gasoline Demand Slows

    Published 25 July 2022 | viewed 21,151 times

    The spread between Brent crude oil prices and West Texas Intermediate (WTI) hit its widest level in over three years on Monday, with WTI down…

  • Are Oil Prices Set To Rally Once Again?

    Published 19 July 2022 | viewed 23,165 times

    While it is always risky attempting to forecast oil prices when volatility is soaring, the recent return above $100 for both WTI and Brent suggests…

  • Supply Disruptions Drive Bullish Sentiment In Oil Markets

    Published 01 July 2022 | viewed 13,325 times

    Bullish sentiment is once again building in oil markets as supply disruptions mount and global oil demand growth continues unabated. Friday, July 1st, 2022 As uncertainty…

  • Oil Prices Bounce As EIA Fails To Publish Inventory Data

    Published 24 June 2022 | viewed 41,239 times

    The world's most-watched oil data report won't be released this week due to a power problem. Oil prices, meanwhile, are climbing higher on Friday to…

  • Natural Gas In The Limelight As Power Demand Soars

    Published 21 June 2022 | viewed 5,462 times

    While oil markets remain incredibly tight, it is natural gas markets that are making headlines in energy markets this week. Russia is sending less natural…

  • Oil Prices Fall On Biggest Fed Rate Hike Since 1994

    Published 15 June 2022 | viewed 184,854 times

    In its largest hike since 1994, the Federal Reserve raised rates by three-quarters of a percentage point, or 75 basis points, with oil prices responding…

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