Tom Kool

Latest articles from Tom

• Oil Prices Recover After Manic Monday

  Published 23 July 2021 | viewed 2,898 times

  Despite a major oil price crash on Monday, oil prices are now on course to close out the week more or less unchanged.Friday, July 23rd,…

• Uncertainty Has Overtaken Oil Markets Once Again

  Published 16 July 2021 | viewed 13,323 times

  Uncertainty appears to have overtaken oil markets once again as a potential OPEC+ agreement gives hope to oil bulls while fears of weak gasoline demand…

• Oil Prices Climb On Strong Fuel Demand

  Published 09 July 2021 | viewed 9,950 times

  Oil prices rose on Friday morning, fueled by strong U.S. fuel consumption data, but held back by continued uncertainty about the OPEC+ deal.Friday, July 9th,…

• Oil Rally Grinds To A Halt

  Published 06 July 2021 | viewed 14,029 times

  U.S. WTI futures are retreating after having reached a six-year high on Tuesday morning. The OPEC+ standoff has been the latest in a string of…

• Oil Prices Jump As OPEC+ Reaches Preliminary Deal

  Published 01 July 2021 | viewed 39,724 times

  Russia and Saudi Arabia have reportedly reached a preliminary deal for OPEC+ to gradually increase output by 2 million barrels per day between August and…

• Oil Prices Continue To Climbs Despite Resistance

  Published 25 June 2021 | viewed 13,818 times

  Oil prices are on course to close out another week of gains despite fears of Iranian production coming back online and OPEC+ preparing to increase…

• Is The Oil Rally Nearing Its End?

  Published 18 June 2021 | viewed 16,981 times

  After a momentous rally this year, it looks like oil prices are finally coming under pressure - with the threat of inflation dampening oil market…

• Lundin Energy Boasts Carbon Neutral Oil Production

  Published 16 June 2021 | viewed 1,750 times

  Lundin Energy, a minority partner of Equinor in the giant Norwegian oilfield Johan Sverdrup, said on Wednesday that all future barrels of it would sell…

• WTI Nears $70 As Bulls Run Rampant

  Published 04 June 2021 | viewed 7,629 times

  Oil bulls are out in force as OPEC+ succeeds in draining global inventories while successful vaccine programs give hope that the end of the global…

• Oil Prices Rebound As Demand Optimism Returns

  Published 25 May 2021 | viewed 4,557 times

  The IEA made headlines last week when it suggested that there should be no new oil and gas investments after 2021... If that were to…

• Oil Stabilizes After Volatile Week

  Published 21 May 2021 | viewed 5,237 times

  Oil prices are on course for the largest weekly drop since March, although prices began to bounce back on Friday morning as optimism slowly returned…

• Oil Prices Rebound As Global Oil Glut Drains

  Published 14 May 2021 | viewed 15,898 times

  Oil prices rebounded on Friday morning as inflation fears fade and the global supply glut slowly drains, although the IEA did revise its demand projection…

• Oil Markets Optimistic As Brent Flirts With $70

  Published 07 May 2021 | viewed 10,323 times

  There was a slight pullback in oil prices following Wednesday’s highs, but the rally is still very much on and bullish sentiment is palpable as…

• Oil Prices Hit 7-Week High On Demand Optimism

  Published 04 May 2021 | viewed 8,362 times

  Chart of the Week-     Air travel is on the rise in the U.S., indicating an uptick in jet fuel demand.-    Jet fuel demand has averaged…

• OPEC+ Buoys Oil Despite India Concerns

  Published 27 April 2021 | viewed 4,462 times

  Have you already subscribed to the Oilprice.com youtube channel? If not, sign up today to make sure you don't miss out on any of the…

• Oil Prices Down Despite Libya Outage

  Published 20 April 2021 | viewed 3,908 times

  Have you already subscribed to the Oilprice.com youtube channel? If not, sign up today to make sure you don't miss out on any of the…

• Oil Demand Is Finally Bouncing Back

  Published 16 April 2021 | viewed 10,689 times

  Oil demand is finally bouncing back despite the fact that Covid cases are rising and additional travel restrictions have been put in place.For more great…

• Oil Prices Rangebound As Long Term Problems Emerge

  Published 13 April 2021 | viewed 7,913 times

  Have you already subscribed to the Oilprice.com youtube channel? If not, sign up today to make sure you don't miss out on any of the…

• Oil Prices Post Weekly Loss On Covid Concerns

  Published 09 April 2021 | viewed 4,043 times

  Oil prices are set to post a loss this week as demand fears and Covid lockdowns counteract optimism over a tightening market.For more great energy…

• OPEC's Surprise Decision Bodes Well For Oil Demand

  Published 02 April 2021 | viewed 60,321 times

  Oil prices climbed on Thursday despite the surprise decision by OPEC+ to increase production, a decision that has been seen as promising for demand. Oil…