Tom Kool

Latest articles from Tom

• OPEC Surprises Markets With Last Minute Deal

  Published 07 December 2018 | viewed 24,364 times

  In the last possible minute, OPEC+ managed to agree upon a massive cut of 1.2 million bpd, pushing oil prices up by over 3 percent. …

• OPEC+ Gears Up For Production Cuts

  Published 04 December 2018 | viewed 6,110 times

  Oil gained for a second day in a row on Tuesday, pushed up by a trade war truce, pending OPEC+ production cuts, and surprise mandatory…

• Saudi Arabia Squeezed As OPEC Meeting Nears

  Published 30 November 2018 | viewed 17,392 times

  Oil prices dipped over the week, but the next few days will be volatile due to escalating geopolitical concerns and trade war tensions (Click to…

• Saudi Arabia Struggles As Oil Prices Crash

  Published 27 November 2018 | viewed 14,483 times

  Oil prices are struggling to find a bottom, moving up on Monday but floundering in early trading on Tuesday. (Click to enlarge) (Click to enlarge)…

• Oil Prices Collapse On Supply Surge

  Published 23 November 2018 | viewed 31,044 times

  Oil prices collapsed on Friday, with WTI threatening to break the $50 mark and Brent falling below $60 for the first time in over a…

• Oil Companies Lose $1 Trillion As Prices Crash

  Published 20 November 2018 | viewed 15,936 times

  Bearish sentiment has taken hold of oil markets, with oil and gas companies having lost $1 trillion since oil began its latest slide.  (Click to…

• Oil Rebounds On Hopes Of OPEC+ Action

  Published 16 November 2018 | viewed 12,061 times

  Oil prices rose on Friday morning as markets hope OPEC and partners will take action to reverse bearish sentiment. (Click to enlarge) (Click to enlarge)…

• Oil Prices Fall To One-Year Lows

  Published 13 November 2018 | viewed 21,328 times

  Oil markets are looking increasingly oversupplied, and crude prices are beginning to reflect some analysts' biggest fears.  (Click to enlarge) (Click to enlarge) (Click to…

• Oil Prices Hit Multi-Month Lows

  Published 09 November 2018 | viewed 13,145 times

  Oil prices fell to multi-month lows at the end of the week, as a confluence of factors all point in a bearish direction. (Click to…

• Oil Prices Tumble As Iran Sanctions Set In

  Published 06 November 2018 | viewed 12,110 times

  Oil prices took a noticable hit on Tuesday morning, as markets adjusted to the "new normal" of U.S. sanctions on Iran.  (Click to enlarge) (Click…

• Soaring U.S. Oil Production Forces Prices Down

  Published 02 November 2018 | viewed 16,538 times

  Oil prices continued to slide on Friday afternoon, despite a small decline in the U.S./Canadian rig count. (Click to enlarge) Friday, November 2, 2018 Iran…

• Oil Awaits Direction As Iran Sanctions Loom

  Published 30 October 2018 | viewed 6,833 times

  Oil started out the week seeing some volatility and choppy trading, awaiting more signs of a clear direction. (Click to enlarge) (Click to enlarge) (Click…

• Oil Prices Struggle To Regain Footing

  Published 26 October 2018 | viewed 8,015 times

  Oil suffered steep losses this week on renewed fears that the supply surplus might make a comeback (Click to enlarge) (Click to enlarge) (Click to…

• Oil Prices In Free Fall As Iran Fears Fade

  Published 23 October 2018 | viewed 24,099 times

  Oil prices fell drastically Tuesday morning despite Iran sanctions still looming over markets. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)-…

• Oil Market Loses Its Bullish Edge

  Published 19 October 2018 | viewed 10,588 times

  Oil markets are calming down after several weeks of bullish news, with Goldman Sachs now saying that crude is unlikely to break $100 per barrel. …

• Oil Prices Under Pressure As U.S. Shale Supply Soars

  Published 16 October 2018 | viewed 12,821 times

  The big story in oil markets this week has been the escalating tension between the United States and Saudi Arabia, with many analysts suggesting that…

• Oil Markets Take A Bearish Turn

  Published 12 October 2018 | viewed 12,327 times

  Bearish EIA data and a global stock market crash sent crude tumbling this week, but prices appear to have stabilized, at least for now. (Click…

• Oil Prices Rise On Iran, Hurricane Outages

  Published 09 October 2018 | viewed 10,740 times

  Oil prices recovered on Tuesday morning, with WTI breaking the $75 mark and Brent climbing above $85 per barrel.  (Click to enlarge) (Click to enlarge)…

• EIA Report Threatens Oil Price Rally

  Published 05 October 2018 | viewed 22,848 times

  The oil price rally saw a correction on Thursday before stabilizing on Friday morning, and refinery maintenance season may soon add more downward pressure to…

• What Drove Brent Above $85?

  Published 02 October 2018 | viewed 11,549 times

  Oil jumped on Tuesday morning after a busy geopolitical weekend was compounded by a flood of bullish news on Monday afternoon.  (Click to enlarge) (Click…