Tom Kool

Latest articles from Tom

• Oil Prices Fall On Biggest Fed Rate Hike Since 1994

  Published 15 June 2022 | viewed 184,891 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…

• Weak Chinese Demand Weighs On Oil Prices

  Published 10 June 2022 | viewed 35,655 times

  Oil prices fell slightly on Friday morning as one of the only consistently bearish factors in oil markets, weak demand from China due to Covid…

• Natural Gas Futures Hit 13-Year High As Traders Expect "Blistering Hot Summer"

  Published 06 June 2022 | viewed 20,476 times

  Natural gas futures have hit an 13-year high on higher temperatures to come in the next week combined with lower production levels.  On Monday, Henry…

• A Week Of Turmoil For Oil Markets

  Published 03 June 2022 | viewed 31,182 times

  There has been plenty of turmoil in oil markets this week, with the EU banning Russian oil, OPEC accelerating its production increases, and U.S. inventories…

• Citi: Oil Is Overvalued By $50 Per Barrel

  Published 01 June 2022 | viewed 37,359 times

  Brent crude, trading Wednesday at over $116 per barrel, should be closer to $70, according to Citi’s global head of commodity research, Ed Morse, in…

• Gasoline Prices Are Set To Spike This Week

  Published 24 May 2022 | viewed 13,474 times

  With U.S. drivers preparing for Memorial Day weekend, gasoline demand is set to increase just as inventories continue to drop, pushing prices even higher.The executive…

• Oil Prices Under Pressure As China Considers Russian Crude

  Published 20 May 2022 | viewed 66,355 times

  China added some downward pressure to oil prices this week when it clearly signaled its intent to buy more discounted Russian oil. Between China and…

• Oil Markets Are Bracing For A Slew Of Bullish News

  Published 17 May 2022 | viewed 67,471 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.…

• Marathon Petroleum Posts Impressive Jump In Profit

  Published 03 May 2022 | viewed 2,694 times

  U.S. refiner Marathon Petroleum Corp (NYSE:MPC) was trading up over 4.3% close to close Tuesday after posting Q1 earnings showing an impressive jump in profit…

• The Calm Before The Storm In Oil Markets

  Published 03 May 2022 | viewed 160,359 times

  The first week of May could have brought us a much-awaited paradigm shift, however the markets still appraise the impact of China’s COVID lockdowns amidst…

• EU Rejects Russia’s Ruble-For-Gas Scheme, Warns Of Supply Shock

  Published 02 May 2022 | viewed 25,142 times

  At the conclusion of its Monday meeting, the European Union has said it will not heed Russian demands to pay for gas in rubles, with…

• Food Prices Are Soaring As Russia’s War In Ukraine Persists

  Published 21 April 2022 | viewed 4,236 times

  Vladimir Putin’s aggression is now believed to be leading to a growing crisis over food insecurity and skyrocketing food prices. Driven up by the war…

• Chinese Demand Destruction Counters The Risk Of A Russian Oil Ban

  Published 15 April 2022 | viewed 20,709 times

  While lockdowns in China are causing significant demand destruction and adding downward pressure to oil prices, the EU's threat to ban Russian oil imports has…

• Oil Prices Rise As Chinese Demand Begins To Rebound

  Published 12 April 2022 | viewed 17,810 times

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

• Bearish News Is Mounting For Oil

  Published 08 April 2022 | viewed 65,298 times

  Oil prices remained fairly stable this week, with ICE Brent balancing slightly above the $100 per barrel mark. Fears of Russian supply disruptions were temporarily…

• Why Oil Prices Are Finally Falling

  Published 29 March 2022 | viewed 29,763 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.…

• Europe Divided Over New Oil And Coal Sanctions

  Published 22 March 2022 | viewed 6,730 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.…

• Oilfield Service Majors Aren’t Pulling Out Of Russia

  Published 19 March 2022 | viewed 127,164 times

  The three biggest international oilfield services firms remain in Russia, not following nearly all Western oil majors that have said in recent weeks they would…

• Oil Price Volatility Is Here To Stay

  Published 18 March 2022 | viewed 13,457 times

  Oil prices are back above $100 after negotiations between Russia and Ukraine deteriorated. Energy markets are rife with uncertainty, with the IEA suggesting that consumers…

• Supply Uncertainty Keeps Oil Markets On Edge

  Published 11 March 2022 | viewed 13,347 times

  Oil prices tumbled at the start of this week as fears of a major supply crunch were alleviated somewhat. Upward pressure remains, however, with geopolitical…