Tom Kool

Latest articles from Tom

• UAE: Output Cuts Will Send Oil Prices To ‘Normal’ Levels

  Published 16 June 2020 | viewed 60,222 times

  The ongoing record production cuts from the OPEC+ group are set to push oil prices up to ‘normal’ levels soon, Suhail Al Mazrouei, energy minister…

• The Oil Price Rally May Have Gone Too Far

  Published 12 June 2020 | viewed 49,964 times

  Oil prices are set for their first weekly loss in over a month as a jump in COVID-19 cases threaten the economic recovery while oil…

• OPEC+ Agrees On Extending Record Output Cuts

  Published 06 June 2020 | viewed 84,488 times

  OPEC and its partners concluded their meeting on Saturday afternoon, announcing that it would extend its current production cut deal. Algeria’s Energy Minister Mohamed Arkab,…

• Oil Prices Surge As OPEC+ Nears Deal

  Published 05 June 2020 | viewed 37,072 times

  The recent move by China to pass a national security law in Hong Kong has reignited tensions between Washington and Beijing. Those tensions are now…

• World’s Top Solar Panel Producer Opens New Mega Factory

  Published 01 June 2020 | viewed 44,267 times

  Renewables stocks have outperformed the broader energy markets in the last couple of months and, while Covid-19 has disrupted supply chains and caused a temporary…

• Oil Prices Slide As U.S.-China Tensions Return

  Published 29 May 2020 | viewed 30,975 times

  The recent move by China to pass a national security law in Hong Kong has reignited tensions between Washington and Beijing. Those tensions are now…

• Oil Prices Stabilize On Rumors Of An OPEC+ Extension

  Published 28 May 2020 | viewed 26,377 times

  Oil traded flat on Thursday morning following yesterday’s correction driven by Saudi Arabia and other OPEC members signaling that they are considering extending the huge…

• Trump Wants To Mediate In Escalating Conflict Between Asian Superpowers

  Published 27 May 2020 | viewed 26,796 times

  U.S. President Donald Trump on Wednesday morning offered to mediate the border dispute between China and India. We have informed both India and China that…

• Australia Embarks On A Mammoth Renewable Energy Exporting Project

  Published 26 May 2020 | viewed 20,549 times

  As well as being a world-class LNG exporter, Australia may soon become a major exporter of renewable energy. Engineers are now looking to connect Singapore…

• The Risky Road To Oil Demand Recovery

  Published 25 May 2020 | viewed 31,849 times

  The IEA came out with a rather bullish remark for oil this morning, stating that peak demand is still years away. The agency’s chief Fatih…

• Are Oil Prices Rising Too High Too Soon?

  Published 18 May 2020 | viewed 58,094 times

  Oil prices have rallied significantly, rising $10 in two weeks as markets are increasingly convinced that global demand for crude is picking up once again.…

• The Relentless Oil Price Rally

  Published 15 May 2020 | viewed 69,541 times

  Oil prices are continuously rising despite the uncertainty surrounding COVID-19, with WTI nearing a two-month high on Friday morningFor further research, analysis and trade recommendations,…

• Oil Holds Gains Despite Massive Unemployment

  Published 08 May 2020 | viewed 43,556 times

  Oil prices are poised for a second weekly gain in a row despite the harrowing jobs report released on Friday morning.  (Click to enlarge) (Click…

• The Worst May Be Over For Oil

  Published 05 May 2020 | viewed 31,960 times

  Oil prices jumped on Tuesday morning as demand appears to be slowly returning while non-OPEC supply continues to go offline. (Click to enlarge) (Click to…

• A Rare Week Of Optimism For Oil

  Published 01 May 2020 | viewed 40,887 times

  Oil markets are on course to see their first weekly gain in over a month as the OPEC+ production cut comes into effect and a…

• Brent Oil Price Could Double By December

  Published 28 April 2020 | viewed 113,319 times

  WTI is witnessing wild price swings as U.S. producers send their crude to the Strategic Petroleum Reserve because commercial storage tanks are close to reaching…

• Oil Jumps After Trump Orders Navy To ‘’Shoot And Destroy’’ Iranian Gunboats

  Published 22 April 2020 | viewed 285,927 times

  After two dark days for crude, oil prices are rallying again on Wednesday morning after U.S. President Trump triggered a small short-covering rally by tweeting…

• Oil Price Mayhem - Is The Market Broken?

  Published 21 April 2020 | viewed 11,683 times

  The May '20 WTI contract rebounded on Tuesday morning, but the June '20 WTI contract, the new front month contract is tanking, indicating that producers…

• A Massive Wave Of Shut-Ins Fails To Halt Oil Price Crash

  Published 21 April 2020 | viewed 27,624 times

  With the physical oil market coming apart at the seams, traders have begun to realize that we are a lot closer to full storage capacity…

• Storage Fears Drive Oil Below $18

  Published 17 April 2020 | viewed 117,330 times

  Fears of global crude storage hitting capacity are now dominating markets, sending oil prices falling towards $15 WTI fell below $18 per barrel in early…