Tom Kool

Latest articles from Tom

• Oil Demand Set To Rebound In 2021

  Published 20 November 2020 | viewed 11,186 times

  Oil prices are set to rebound in 2021 as optimism grows around a COVID vaccine and OPEC looks to extend its production cuts. For Global…

• Oil Markets See Light At The End Of The Tunnel

  Published 17 November 2020 | viewed 7,494 times

  Oil prices rose on Monday and remained steady on Tuesday morning as markets are cautiously looking beyond the COVID-19 pandemic Chart of the Week The…

• Surge In COVID Cases Counters Oil Market Optimism

  Published 13 November 2020 | viewed 2,115 times

  While much of the media attention has been on the recent Pfizer vaccine success, COVID cases are surging and new lockdowns are coming into effect,…

• COVID Surge Keeps Oil Below $40

  Published 06 November 2020 | viewed 5,085 times

  While most of the world's media is focused on the painfully slow progression of the U.S. presidential election, it's COVID that's impacting oil prices.For Global…

• Oil Sees Worst Month Since March

  Published 30 October 2020 | viewed 7,340 times

  Oil prices have hit a 5-month low as COVID cases climb, new lockdowns are put in place and reports emerge that OPEC may not maintain…

• Oil Prices Slip Again As COVID Cases Surge

  Published 23 October 2020 | viewed 9,849 times

  COVID cases are now surging around the globe, threatening oil demand and sending oil prices back below $40.For Global Energy Alert members there are now…

• COVID Kills Another Oil Rally

  Published 16 October 2020 | viewed 14,506 times

  Yet another oil price rally has been cut short by COVID, with cases climbing in both the U.S. and across Europe as hopes of speedy…

• Oil Prices Climb 10% In A Week

  Published 09 October 2020 | viewed 9,449 times

  Oil prices are on course to climb 10 percent this week as Hurricane Delta shuts in over 90 percent of production in the Gulf of…

• Souring Fundamentals Force Brent Crude Oil Below $40

  Published 02 October 2020 | viewed 14,541 times

  Both the President and First Lady of the United States have tested positive for COVID-19 on a day when Brent oil prices crash below $40…

• Russia Remains China’s Top Oil Supplier

  Published 25 September 2020 | viewed 2,523 times

  Russia was the biggest exporter of crude oil to China last month, for the second month in a row, Reuters reported, citing Chinese customs data.…

• Oil Bulls Return As OPEC+ Reassures Markets

  Published 18 September 2020 | viewed 23,559 times

  It's been a busy month for oil markets, with a build-up of bearish news sending oil prices crashing at the start of the month, only…

• Oil Prices Rise On Hurricane Outages

  Published 15 September 2020 | viewed 10,245 times

  Oil prices rose on Tuesday afternoon, ahead of the weekly crude inventory data releases, but traders remain concerned about the pace of the recovery in…

• Trump Announces ‘Historic Peace Deal’ Between Bahrain And Israel

  Published 11 September 2020 | viewed 9,706 times

  In a three-way phone call on Friday with Israeli Prime Minister Benjamin Netanyahu and King Hamad bin Isa Al Khalifa of Bahrain, U.S. President Trump…

• Trump Hints At Saudi Participation In UAE,-Israel Peace Deal

  Published 10 September 2020 | viewed 8,250 times

  The historic diplomatic deal between Israel and the United Arab Emirates that was announced on August 13 added yet another layer of difficulty to the…

• Why Tesla Wasn't Included In The S&P 500

  Published 09 September 2020 | viewed 7,344 times

  The S&P 500 is an exclusive club of the 500 biggest companies by market cap on the NYSE or Nasdaq, and the inclusion Friday of…

• Nikola Teams Up With GM In Game-Changing $2 Billion Deal

  Published 08 September 2020 | viewed 3,661 times

  EV markets continue to grab the headlines this week as Tesla competitor Nikola (NASDAQ:NKLA) announced that it had teamed up with GM (NYSE:GM) to produce…

• String Of Bearish News Shifts Sentiment In Oil Markets

  Published 04 September 2020 | viewed 13,269 times

  Oil prices fell below $40 for the first time since June as demand concerns grow and stock markets crash.For Global Energy Alert members there are…

• Bill Gates Backed Battery Maker Goes Public In $3.3 Billion Deal

  Published 03 September 2020 | viewed 9,868 times

  QuantumScape, a 10-year old battery company backed by Volkswagen Group, is looking to go public through a reverse-merger with SPAC Kensington Capital Corp. The San-Jose…

• 30 Years Of Drilling Data Points To A Rebound In U.S. Oil Production

  Published 02 September 2020 | viewed 16,528 times

  While speculation continues about whether drilling activity in the U.S. oil patch has hit rock bottom yet, some analysts believe that the industry is already…

• Oil Prices Rise As U.S. Dollar Index Drops To 2-Year Low

  Published 01 September 2020 | viewed 11,040 times

  Oil prices jumped on Tuesday morning, paring overnight losses ahead of the API inventory data report.At 09:02 AM, WTI was trading 1.60% up at $43.31,…