Tom Kool

Latest articles from Tom

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

  Published 10 September 2020 | viewed 9,184 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 8,319 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 4,097 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 14,267 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 11,074 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 17,342 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 12,050 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 26,504 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 3,526 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 5,880 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 4,936 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 12,042 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 4,618 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 14,712 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 17,573 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 35,466 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 28,763 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…

• Oil Prices Range Bound As Pipelines Come Under Pressure

  Published 07 July 2020 | viewed 28,574 times

  US oil and gas pipelines have hit yet another snag, leaving crude prices in limbo for the time being.  Chart of the Week-    Exports…

• Oil Prices Fall Back Below $40 On New COVID Fears

  Published 26 June 2020 | viewed 28,145 times

  Oil prices have fallen below $40 as the U.S. sees a record spike in COVID-19 cases and fears of demand weakness increase.For Global Energy Alert…

• Oil Prices Climb Despite Fears Of A “Second Wave”

  Published 19 June 2020 | viewed 36,305 times

  OPEC+ compliance sent oil prices to a 3-month high, despite fears that a second wave of COVID-19 would drive demand and prices downFor Global Energy…