Tom Kool

Latest articles from Tom

• Can Oil Break The $70 Threshold?

  Published 09 January 2018 | viewed 15,289 times

  As the oil price rally continues it is looking increasingly likely that Brent will break the $70 mark, a scenario that has OPEC on edge…

• Oil Rally Falters As Traders Seize Profits

  Published 05 January 2018 | viewed 11,558 times

  After a strong start to 2018, oil prices fell back slightly on Friday morning. While geopolitical tensions and strong inventory drawdowns were the main culprits…

• Oil Markets Start 2018 With A Bang

  Published 02 January 2018 | viewed 13,300 times

  Despite pipelines in the North Sea and Libya coming back online in 2018, oil has remained above $60 in the new year. These high prices…

• Oil Tops $60 At Close of Year

  Published 29 December 2017 | viewed 20,590 times

  (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)Friday, December 29, 2017 Oil prices are set to close out…

• Oil Holds Steady Through Holidays

  Published 26 December 2017 | viewed 10,187 times

  Oil held steady this week while light trading pushed prices slightly higher on Tuesday morning, adding to the likelihood that oil prices will hold their recent…

• Oil Trades Sideways Ahead Of Christmas

  Published 22 December 2017 | viewed 10,161 times

  The oil market has remained relatively quiet ahead of the holidays, despite the EIA suggesting increased production in the U.S. (Click to enlarge) (Click to…

• Oil Market On Edge Following Outages

  Published 19 December 2017 | viewed 12,259 times

  Several key outages have left the oil markets anxious despite a promising start to the week. Analysts are keeping a close eye on both Nigeria and Venezuela…

• IEA Dashes Bullish Sentiment In Oil

  Published 15 December 2017 | viewed 25,955 times

  With the IEA's most recent report suggesting a global supply glut may be looming, it seems the oil bulls have retreated and prices have stagnated. …

• Brent Pipeline Closure Confuses Oil Markets

  Published 12 December 2017 | viewed 17,240 times

  The closure of one of the most important pipelines in the oil market sent Brent prices soaring on Monday, with one analyst claiming it was…

• Why Oil Prices Bounced Back

  Published 08 December 2017 | viewed 37,983 times

  On the tail end of a rather dull week in oil markets, crude prices recovered on Thursday and Friday following the Trump administration's announcement that…

• Oil Markets Calm After OPEC Storm

  Published 05 December 2017 | viewed 9,049 times

  Oil prices retreated slightly at the beginning of the week as the excitement from the OPEC meeting faded, though sentiment remained bullish in the markets.…

• OPEC Extension Sends Oil Prices Soaring

  Published 01 December 2017 | viewed 20,834 times

  Oil markets' initial reaction to yesterday's OPEC news was rather dull, however oil prices saw a sharp spike on Friday morning as the bulls returned…

• All Eyes On OPEC As Meeting Nears

  Published 28 November 2017 | viewed 10,385 times

  Oil markets are waiting patiently for the outcome of Thursday’s OPEC meeting, and the idea that traders could be disappointed is beginning to gain traction.  (Click to…

• Flurry Of Bullish News Boosts Oil Prices

  Published 24 November 2017 | viewed 31,339 times

  Oil prices saw significant gains on Friday following a week of bullish news and though the OPEC meeting is still a week away, analysts are…

• Oil Prices Stuck Ahead Of OPEC Meeting

  Published 21 November 2017 | viewed 15,892 times

  As the OPEC meeting rapidly approaches, bullish sentiment appears to have taken a time-out with the recent suggestion that the production cut extension may not…

• Oil Survives Bearish Backlash

  Published 17 November 2017 | viewed 20,321 times

  Oil prices rallied on Friday morning after seeing some of their worst weeks in some time as bearish news continues to pile up.  (Click to enlarge)…

• The Dangers Of A Bullish Oil Market

  Published 14 November 2017 | viewed 12,274 times

  The U.S. rig count rose on Friday and Tuesday’s IEA report hit the oil market hard, causing bulls to pocket some profit after the recent oil…

• Are Oil Markets Immune To U.S. Shale?

  Published 10 November 2017 | viewed 15,655 times

  Oil prices pulled back slightly following the release of the Baker Hughes rig count report, but geopolitical risk still remains, and with the assumption that…

• Oil Rally Halts As Saudi Purge Continues

  Published 07 November 2017 | viewed 17,916 times

  Oil prices hit two-year highs on Monday following bullish news coming from OPEC and the Middle East, further stressing the tremendous impact of geopolitical risk…

• Is $60 The New Floor For Oil Prices?

  Published 03 November 2017 | viewed 27,016 times

  Positive sentiment continues to drive oil markets as the OPEC meeting nears and U.S. oil rigs continue to decline. Oil prices have maintained their gains and are…