Tom Kool

Latest articles from Tom

• Buyers In Japan And South Korea Renew Long-Term Deals With Russian LNG Project

  Published 25 January 2023 | viewed 2,385 times

  The Sakhalin-2 LNG project could see its revenues double in 2023 compared to before the Russian invasion of Ukraine as LNG prices are now higher…

• 200,000 Bpd Angola Oilfield To Be Offline For More Than A Month

  Published 24 January 2023 | viewed 3,951 times

  The Dalia offshore oilfield in Angola, which pumps 200,000 barrels per day (bpd), is set to undergo planned maintenance for more than a month beginning…

• Oil Hits 7-Week High On Strong Demand In China

  Published 24 January 2023 | viewed 9,085 times

  Oil prices held near 7-week highs on Tuesday morning, with strong demand figures from China fueling optimism in the markets.Chart of the WeekInflux of Russian…

• Oil Rises As OPEC Sees Chinese Demand Rebounding

  Published 17 January 2023 | viewed 5,826 times

  In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets. Chart of the WeekInflux…

• Oil Steady Ahead Of Fed Rate Hike Decision

  Published 10 January 2023 | viewed 7,960 times

  Once again, oil price watchers are looking at U.S. Federal Reserve decisions rather than supply-demand balances, with the community eagerly anticipating Thursday’s inflation data to…

• Oil And Gas Prices Slide At The Start Of The Year

  Published 03 January 2023 | viewed 15,754 times

  In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets. Chart of the WeekEuropean…

• China Sets The Tone In Oil Markets At Year's End

  Published 29 December 2022 | viewed 24,617 times

  Commodity trading in the festive week between Christmas and New Year has always been very light, however be it for oil markets or for metals…

• Oil Falls As Markets Fear Further Action From U.S. Fed

  Published 06 December 2022 | viewed 18,903 times

  Crude prices fell significantly at the beginning of the week despite robust US economic data coupled with strong labor figures and positive industry PMI. Chart…

• Russia Boosts Production While OPEC+ Considers Deeper Oil Output Cuts

  Published 02 December 2022 | viewed 26,186 times

  With only 3 days to go until the EU ban on Russian seaborne crude imports gets implemented, Russian oil producers are going against all expectations…

• Saudi Arabia Makes More Unconventional Gas Discoveries

  Published 30 November 2022 | viewed 8,327 times

  Saudi Arabia’s oil giant Aramco has discovered two unconventional natural gas fields in the eastern part of the country, Energy Minister Prince Abdulaziz bin Salman…

• Bearish Sentiment Is Building In Oil Markets Once Again

  Published 25 November 2022 | viewed 8,833 times

  A combination of climbing Covid infections in China, uncertainty about the G7 oil price cap, and a build in U.S. oil inventories pushed oil prices…

• Oil Rout Intensifies As China Cuts Oil Purchases

  Published 18 November 2022 | viewed 129,745 times

  The selloff in oil continued on Friday, with WTI prices falling more than 5% as China reportedly asked the Saudis to ship less crude in…

• Chinese Demand Concerns Continue To Spook Oil Markets

  Published 15 November 2022 | viewed 3,103 times

  Crude prices fell on Tuesday ahead of official inventory data as traders continue to focus on demand risks in China.Editor's Note: With the EU ban…

• China's Covid Saga Sends Oil Prices Spiking Again

  Published 11 November 2022 | viewed 7,926 times

  Oil prices are once again reacting to Covid news out of China, with the government easing some of its Covid restrictions and boosting hopes that…

• Natural Gas Prices Slide As Bearish News Continues To Mount

  Published 09 November 2022 | viewed 25,084 times

  The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week. …

• Why Brent Crude May Not Hit $100 This Week

  Published 08 November 2022 | viewed 7,996 times

  The speculation surrounding China's zero-covid policy has sparked volatility in oil markets, and while crude was moving higher last week, this week may see a…

• Weaker Dollar Fuels Oil Rally

  Published 25 October 2022 | viewed 6,589 times

  The weakening of the U.S. dollar helped oil prices this week, keeping WTI front-month prices at $86 per barrel despite the avalanche of bad macroeconomic…

• Brent Crude Drops Below $90 On Recession Fears

  Published 18 October 2022 | viewed 8,813 times

  WTI crude has fallen back to pre-OPEC cut announcement levels, with Brent crude falling back below $90 per barrel on global recession fears.Chart of the…

• Global Recession Fears Push Oil Prices Lower

  Published 11 October 2022 | viewed 10,725 times

  The bullish news of the OPEC+ output cut is wearing off, and the market is once again focusing on the possibility of a global recession.…

• The OPEC+ Cut Is A Disaster For President Biden

  Published 07 October 2022 | viewed 28,028 times

  The OPEC+ decision to cut its production quota by 2 million bpd has placed the Biden Administration between a rock and a hard place, with…