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Tom Kool

Oilprice.com

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

  • The OPEC+ Cut Is A Disaster For President Biden

    Published 07 October 2022 | viewed 28,129 times

    The OPEC+ decision to cut its production quota by 2 million bpd has placed the Biden Administration between a rock and a hard place, with…

  • Qatar Sets Its Sights On Becoming The World’s Largest LNG Trader

    Published 05 October 2022 | viewed 5,239 times

    QatarEnergy will be the world’s largest trader of liquefied natural gas (LNG) in the next five to ten years, the company’s CEO Saad Al-Kaabi, who…

  • Oil Markets Are Set Up For A Bull Run

    Published 04 October 2022 | viewed 15,941 times

    After weeks of losses, oil markets appear to be set up for a rally as multiple bullish catalysts come together. The expected cut to OPEC+…

  • How OPEC+ Could Send Oil Prices Soaring Again

    Published 27 September 2022 | viewed 12,291 times

    WTI crude continues to trade below $80 per barrel, but the next OPEC+ meeting could yield a bullish surprise.   Reader Update: Today, our lead analyst…

  • Oil Bears Beware, Crude Prices Could Soon Spike

    Published 23 September 2022 | viewed 22,559 times

    While sentiment in oil markets has been decidedly bearish in recent weeks, the risk of Russia escalating its war with Ukraine and news that China…

  • Norway Investigates Mysterious Drone Sightings Near Offshore Oil & Gas Fields

    Published 22 September 2022 | viewed 17,355 times

    The Norwegian police are investigating a number of sightings of unidentified drones in the vicinity of oil and gas platforms on the Norwegian Continental Shelf.The…

  • Macro Data Dominates Oil Markets

    Published 20 September 2022 | viewed 4,638 times

    Crude prices have been weighed down by a strong dollar and the anticipation of large interest rate hike, largely ignoring OPEC’s underproduction and the reopening…

  • Oil Under Pressure As Traders Await Fed Decision

    Published 19 September 2022 | viewed 18,001 times

    Pressured by a strong dollar and weaker demand forecasts, oil prices continued their way down on Monday morning after closing last week on a bearish…

  • Oil Prices Inch Lower On Hot Inflation Data

    Published 13 September 2022 | viewed 7,383 times

    Crude prices fell on Tuesday morning, ahead of the weekly crude inventory reports, as August inflation data came in hotter than expected.   Chart of…

  • Oil Gains 2% As Iran Deal Fades, Market Eyes Tight Supply

    Published 12 September 2022 | viewed 7,419 times

    Oil prices pared some losses on Monday, with Brent gaining nearly 2% as a nuclear deal with Iran seemed to fade further away and markets…

  • Nigeria’s Oil Exports Plunge To Record Low

    Published 12 September 2022 | viewed 11,324 times

    Crude oil exports out of Nigeria plunged to below 1 million barrels per day (bpd), their lowest level on record, last month, oil export analytics…

  • Bearish Sentiment Builds In Oil Markets

    Published 09 September 2022 | viewed 14,632 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 47,829 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 5,222 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 5,233 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 4,533 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 12,342 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 14,207 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 5,115 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 29,022 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…

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