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Tom Kool


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

  • Crude Drawdowns Can’t Save Oil Prices

    Published 28 April 2017 | viewed 25,146 times

    Oil prices fell below $50 this week as rising U.S. oil output and increasing Libyan exports led to a more bearish sentiment in oil markets.…

  • Will Russia Join The OPEC Cut Extension?

    Published 25 April 2017 | viewed 10,944 times

    As the global oil supply glut grows, Russia has not yet climbed on board of OPEC's production cut agreement extension.   (Click to enlarge)   (Click…

  • Oil Crashes Into $40’s As Hedge Funds Sell Off

    Published 21 April 2017 | viewed 42,408 times

    Oil prices fell fast on Friday afternoon as traders see the rising rig count as yet another sign that the markets are still grossly oversupplied.…

  • U.S. Shale Surging, But Oil Holds Steady

    Published 18 April 2017 | viewed 12,171 times

    Rising production in the two biggest U.S. shale basins and Saudi Arabia's newly ambiguous stance on the OPEC deal extension have resulted in oil prices…

  • Oil Prices Rally Amid Rising Rig Count

    Published 14 April 2017 | viewed 33,512 times

    Oil prices have rallied back into the mid $50’s on a bout of bullish data, but a rising rig count and elevated production in the…

  • Is The Oil Price Rally Running Out Of Steam?

    Published 11 April 2017 | viewed 21,353 times

    Oil prices started the week at a one-month high, with geopolitical tensions and growing confidence over an OPEC deal extension driving a rally. But as…

  • Geopolitical Risk Premium Is Back In Oil

    Published 07 April 2017 | viewed 20,527 times

    WTI and Brent jumped to one month highs on the news of U.S. airstrikes in Syria, and while direct risks to oil supply are limited,…

  • Oil Jumps On Growing Support For OPEC Deal Extension

    Published 04 April 2017 | viewed 24,038 times

    Oil prices rose at the beginning of the week on the back of drawing inventories and increased support for an extension of the OPEC output…

  • Oil Prices Rise Above $50 On Outages, OPEC Expectations

    Published 31 March 2017 | viewed 26,241 times

    Oil prices rose this week as markets are more optimistic about an extension of the OPEC output deal and falling gasoline inventories (Click to enlarge)…

  • Oil Prices Recover As OPEC Extension Seems Likely

    Published 28 March 2017 | viewed 15,718 times

    Oil prices inched higher on Tuesday morning as buyers joined the fray, aided by a more positive OPEC attitude towards a deal extension. (Click to…

  • Will Iran Cut Production If OPEC’s Deal Is Extended?

    Published 24 March 2017 | viewed 14,961 times

    Oil prices fell this week on oversupply concerns and while certain OPEC members have showed interest in extending the current deal, a new deal is…

  • Oil Heads Lower As Traders Sell The Rumor

    Published 21 March 2017 | viewed 19,482 times

    Oil prices fell to one week lows ahead of this week’s inventory data as rumors about a possible OPEC output cut extension failed to impress…

  • Iraq Could Complicate OPEC Extension

    Published 17 March 2017 | viewed 8,458 times

    Oil prices are refusing to budge this Friday, despite a large increase in the U.S. rig count and some bearish noises from OPEC.   (Click…

  • Oil Prices Sink As Bearish Sentiment Takes Hold

    Published 14 March 2017 | viewed 13,989 times

    Oil prices were hit hard on Tuesday by a bearish EIA report and continued uncertainty over a possible OPEC deal extension. Natural gas also saw…

  • How Much Further Can Oil Prices Fall?

    Published 10 March 2017 | viewed 45,372 times

    Oil prices fell nearly 8 percent this week as speculators rushed for the exit and closed near record long positions.   (Click to enlarge) Friday,…

  • Rising Rig Count Sees Oil Edge Lower On Final Trading Day Of 2016

    Published 30 December 2016 | viewed 15,131 times

    Baker Hughes this week reported yet another increase in the U.S. oil and gas rig count, with 5 more rigs coming online. The previous two…

  • Can Chinese Crude Demand Continue To Grow In 2017?

    Published 29 December 2016 | viewed 11,984 times

    The OPEC deal might have revived oil prices for now, but a combination of elevated inventories and the threat of lower demand growth in China…

  • Oil Prices Steady After Slim Inventory Build

    Published 29 December 2016 | viewed 11,599 times

    The EIA this morning reported a build of 614,000 barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute interrupted the…

  • Oil Falls After API Reports The Biggest Crude Inventory Build In 6 Weeks

    Published 28 December 2016 | viewed 26,807 times

    Oil prices fell on Wednesday after having to 18-month highs as oil markets are anticipating OPEC cuts that are expected to be made starting January 1…

  • Oil Rich Iraqi Oil Province Kirkuk Ready To Participate In OPEC Cuts

    Published 22 December 2016 | viewed 8,014 times

    Kirkuk, one of Iraq’s richest oil provinces and under Kurdish control since 2014 has now said it’s ready to curb oil production if Iraq requires…

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