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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 Bulls Return As OPEC+ Reassures Markets

    Published 18 September 2020 | viewed 19,700 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 9,344 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 9,453 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 7,811 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 6,920 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 3,524 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 12,942 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 9,484 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 16,019 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 10,546 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,…

  • Brent Crude Hits 5-Month High On String Of Bullish News

    Published 31 August 2020 | viewed 24,906 times

    Oil prices rose on Monday morning, with Brent topping $46.50 in early trading, reaching its highest level in over 5 months.Strong crude demand from China…

  • Oil Prices Fall As Hurricane Fears Subside

    Published 28 August 2020 | viewed 2,994 times

    Oil prices retreated on Friday morning as it became clear that the damage caused by hurricane Laura was not as bad as markets had expected For…

  • Wind Power Giant Sees Profits Shrink As Competition Heats Up

    Published 27 August 2020 | viewed 4,681 times

    German-Spanish wind turbine maker Siemens Gamesa is confident it will increase its profit margins in the mid to long term, but its short-term results disappointed…

  • Hurricane Laura Makes Landfall In Oil Heartland

    Published 27 August 2020 | viewed 4,090 times

    Laura made landfall as a Category 4 hurricane in southwestern Louisiana near Cameron, with wind speeds reaching 150 mph and torrential rains drowning the coastal…

  • Oil Nosedives On Poor Economic Data

    Published 21 August 2020 | viewed 11,225 times

    With so much bullish news in recent weeks, the fact that oil prices have failed to break out does not bode well for markets in…

  • Oil Prices Fall Back After A Brief Rally

    Published 14 August 2020 | viewed 3,821 times

    Oil prices have been trading in a relatively tight range for the last few weeks, and despite the recent bullish momentum WTI hasn’t been able…

  • COVID Fears Cause Oil To Fall Back After A Brief Rally

    Published 07 August 2020 | viewed 14,070 times

    Oil spiked on a larger than expected inventory draw this week, but fears of a second wave of COVID have caused crude prices to retreatFor…

  • Economic Turmoil Leaves Oil Trapped At $40

    Published 31 July 2020 | viewed 16,874 times

    Oil prices fell on Thursday following a truly devastating second-quarter GDP report in the U.S., with WTI now stuck at the $40 mark.For Global Energy…

  • Oil Prices Stuck At $40

    Published 24 July 2020 | viewed 34,624 times

    Oil prices have once again fallen back to the $40 mark as the EIA bearish data that dampened optimism in marketsFor Global Energy Alert members…

  • Oil Market Tightens, But Second Wave Looms

    Published 17 July 2020 | viewed 28,082 times

    Bullish data from the EIA and promises from OPEC+ to eradicate under-compliance boosted oil markets, but fears of a second wave of COVID-19 cases are…

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