Tom Kool

Latest articles from Tom

• The Downside Risk Of Tomorrow's OPEC+ Meeting

  Published 02 August 2022 | viewed 23,423 times

  Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert.…

• Saudi Arabia May Push For Higher OPEC Production

  Published 02 August 2022 | viewed 7,698 times

  Saudi Arabia is reportedly planning to advocate for higher oil production at the next OPEC+ meeting, which is taking place later this week. This is…

• Bullish Sentiment Creeps Back Into Oil Markets

  Published 26 July 2022 | viewed 6,525 times

  While fears of a global recession are still very much alive and kicking, oil traders have been opening increasingly bullish positions in the belief that…

• Brent-WTI Spread Widens To Over $8 As U.S. Gasoline Demand Slows

  Published 25 July 2022 | viewed 21,123 times

  The spread between Brent crude oil prices and West Texas Intermediate (WTI) hit its widest level in over three years on Monday, with WTI down…

• Are Oil Prices Set To Rally Once Again?

  Published 19 July 2022 | viewed 23,139 times

  While it is always risky attempting to forecast oil prices when volatility is soaring, the recent return above $100 for both WTI and Brent suggests…

• Supply Disruptions Drive Bullish Sentiment In Oil Markets

  Published 01 July 2022 | viewed 13,293 times

  Bullish sentiment is once again building in oil markets as supply disruptions mount and global oil demand growth continues unabated. Friday, July 1st, 2022 As uncertainty…

• Oil Prices Bounce As EIA Fails To Publish Inventory Data

  Published 24 June 2022 | viewed 41,210 times

  The world's most-watched oil data report won't be released this week due to a power problem. Oil prices, meanwhile, are climbing higher on Friday to…

• Natural Gas In The Limelight As Power Demand Soars

  Published 21 June 2022 | viewed 5,441 times

  While oil markets remain incredibly tight, it is natural gas markets that are making headlines in energy markets this week. Russia is sending less natural…

• Oil Prices Fall On Biggest Fed Rate Hike Since 1994

  Published 15 June 2022 | viewed 184,834 times

  In its largest hike since 1994, the Federal Reserve raised rates by three-quarters of a percentage point, or 75 basis points, with oil prices responding…

• Weak Chinese Demand Weighs On Oil Prices

  Published 10 June 2022 | viewed 35,563 times

  Oil prices fell slightly on Friday morning as one of the only consistently bearish factors in oil markets, weak demand from China due to Covid…

• Natural Gas Futures Hit 13-Year High As Traders Expect "Blistering Hot Summer"

  Published 06 June 2022 | viewed 20,327 times

  Natural gas futures have hit an 13-year high on higher temperatures to come in the next week combined with lower production levels.  On Monday, Henry…

• A Week Of Turmoil For Oil Markets

  Published 03 June 2022 | viewed 31,095 times

  There has been plenty of turmoil in oil markets this week, with the EU banning Russian oil, OPEC accelerating its production increases, and U.S. inventories…

• Citi: Oil Is Overvalued By $50 Per Barrel

  Published 01 June 2022 | viewed 37,207 times

  Brent crude, trading Wednesday at over $116 per barrel, should be closer to $70, according to Citi’s global head of commodity research, Ed Morse, in…

• Gasoline Prices Are Set To Spike This Week

  Published 24 May 2022 | viewed 13,421 times

  With U.S. drivers preparing for Memorial Day weekend, gasoline demand is set to increase just as inventories continue to drop, pushing prices even higher.The executive…

• Oil Prices Under Pressure As China Considers Russian Crude

  Published 20 May 2022 | viewed 66,236 times

  China added some downward pressure to oil prices this week when it clearly signaled its intent to buy more discounted Russian oil. Between China and…

• Oil Markets Are Bracing For A Slew Of Bullish News

  Published 17 May 2022 | viewed 67,333 times

  Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert.…

• Marathon Petroleum Posts Impressive Jump In Profit

  Published 03 May 2022 | viewed 2,649 times

  U.S. refiner Marathon Petroleum Corp (NYSE:MPC) was trading up over 4.3% close to close Tuesday after posting Q1 earnings showing an impressive jump in profit…

• The Calm Before The Storm In Oil Markets

  Published 03 May 2022 | viewed 160,162 times

  The first week of May could have brought us a much-awaited paradigm shift, however the markets still appraise the impact of China’s COVID lockdowns amidst…

• EU Rejects Russia’s Ruble-For-Gas Scheme, Warns Of Supply Shock

  Published 02 May 2022 | viewed 25,049 times

  At the conclusion of its Monday meeting, the European Union has said it will not heed Russian demands to pay for gas in rubles, with…

• Food Prices Are Soaring As Russia’s War In Ukraine Persists

  Published 21 April 2022 | viewed 4,155 times

  Vladimir Putin’s aggression is now believed to be leading to a growing crisis over food insecurity and skyrocketing food prices. Driven up by the war…