Tom Kool

Latest articles from Tom

• Natural Gas Prices Slide As Bearish News Continues To Mount

  Published 09 November 2022 | viewed 25,182 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 8,070 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 6,657 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 8,920 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 10,791 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 28,135 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…

• Qatar Sets Its Sights On Becoming The World’s Largest LNG Trader

  Published 05 October 2022 | viewed 5,247 times

  QatarEnergy will be the world’s largest trader of liquefied natural gas (LNG) in the next five to ten years, the company’s CEO Saad Al-Kaabi, who…

• Oil Markets Are Set Up For A Bull Run

  Published 04 October 2022 | viewed 15,970 times

  After weeks of losses, oil markets appear to be set up for a rally as multiple bullish catalysts come together. The expected cut to OPEC+…

• How OPEC+ Could Send Oil Prices Soaring Again

  Published 27 September 2022 | viewed 12,300 times

  WTI crude continues to trade below $80 per barrel, but the next OPEC+ meeting could yield a bullish surprise.   Reader Update: Today, our lead analyst…

• Oil Bears Beware, Crude Prices Could Soon Spike

  Published 23 September 2022 | viewed 22,571 times

  While sentiment in oil markets has been decidedly bearish in recent weeks, the risk of Russia escalating its war with Ukraine and news that China…

• Norway Investigates Mysterious Drone Sightings Near Offshore Oil & Gas Fields

  Published 22 September 2022 | viewed 17,372 times

  The Norwegian police are investigating a number of sightings of unidentified drones in the vicinity of oil and gas platforms on the Norwegian Continental Shelf.The…

• Macro Data Dominates Oil Markets

  Published 20 September 2022 | viewed 4,646 times

  Crude prices have been weighed down by a strong dollar and the anticipation of large interest rate hike, largely ignoring OPEC’s underproduction and the reopening…

• Oil Under Pressure As Traders Await Fed Decision

  Published 19 September 2022 | viewed 18,009 times

  Pressured by a strong dollar and weaker demand forecasts, oil prices continued their way down on Monday morning after closing last week on a bearish…

• Oil Prices Inch Lower On Hot Inflation Data

  Published 13 September 2022 | viewed 7,392 times

  Crude prices fell on Tuesday morning, ahead of the weekly crude inventory reports, as August inflation data came in hotter than expected.   Chart of…

• Oil Gains 2% As Iran Deal Fades, Market Eyes Tight Supply

  Published 12 September 2022 | viewed 7,445 times

  Oil prices pared some losses on Monday, with Brent gaining nearly 2% as a nuclear deal with Iran seemed to fade further away and markets…

• Nigeria’s Oil Exports Plunge To Record Low

  Published 12 September 2022 | viewed 11,343 times

  Crude oil exports out of Nigeria plunged to below 1 million barrels per day (bpd), their lowest level on record, last month, oil export analytics…

• Bearish Sentiment Builds In Oil Markets

  Published 09 September 2022 | viewed 14,638 times

  Bearish sentiment appears to be running rampant in oil markets, with OPEC+ production cuts and supply threats from Russia unable to significantly slow the oil…

• Can OPEC+ Keep Oil Prices Above $90?

  Published 06 September 2022 | viewed 47,844 times

  Brent crude held above $90 per barrel at the beginning of the week after OPEC+ announced a tiny, symbolic output cut. Chart of the Week…

• Oil Markets Spooked By China’s Lockdowns

  Published 02 September 2022 | viewed 5,230 times

  Crude prices bounced on Friday, recuperating some losses as China's COVID lockdowns become the main narrative in oil markets again. September 02, 2022. Chinese weakness…

• Italian Oil Major Becomes Victim Of Ransomware Attack

  Published 31 August 2022 | viewed 5,243 times

  Italian oil major Eni reported a cyberattack on its computer networks on Wednesday. The attack appeared to be a ransomware attempt that has dealt only…