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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

  • Oil Rout Intensifies As China Cuts Oil Purchases

    Published 18 November 2022 | viewed 130,029 times

    The selloff in oil continued on Friday, with WTI prices falling more than 5% as China reportedly asked the Saudis to ship less crude in…

  • Chinese Demand Concerns Continue To Spook Oil Markets

    Published 15 November 2022 | viewed 3,184 times

    Crude prices fell on Tuesday ahead of official inventory data as traders continue to focus on demand risks in China.Editor's Note: With the EU ban…

  • China's Covid Saga Sends Oil Prices Spiking Again

    Published 11 November 2022 | viewed 8,054 times

    Oil prices are once again reacting to Covid news out of China, with the government easing some of its Covid restrictions and boosting hopes that…

  • Natural Gas Prices Slide As Bearish News Continues To Mount

    Published 09 November 2022 | viewed 25,185 times

    The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week. …

  • Why Brent Crude May Not Hit $100 This Week

    Published 08 November 2022 | viewed 8,074 times

    The speculation surrounding China's zero-covid policy has sparked volatility in oil markets, and while crude was moving higher last week, this week may see a…

  • Weaker Dollar Fuels Oil Rally

    Published 25 October 2022 | viewed 6,660 times

    The weakening of the U.S. dollar helped oil prices this week, keeping WTI front-month prices at $86 per barrel despite the avalanche of bad macroeconomic…

  • Brent Crude Drops Below $90 On Recession Fears

    Published 18 October 2022 | viewed 8,928 times

    WTI crude has fallen back to pre-OPEC cut announcement levels, with Brent crude falling back below $90 per barrel on global recession fears.Chart of the…

  • Global Recession Fears Push Oil Prices Lower

    Published 11 October 2022 | viewed 10,795 times

    The bullish news of the OPEC+ output cut is wearing off, and the market is once again focusing on the possibility of a global recession.…

  • The OPEC+ Cut Is A Disaster For President Biden

    Published 07 October 2022 | viewed 28,147 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 5,252 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 15,993 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 12,305 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 22,582 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 17,382 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 4,651 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 18,014 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 7,395 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 7,461 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 11,357 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 14,643 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…

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