Page 3 - Tom Kool News Today

Oil output in North Dakota has been reduced by half, shedding up to 650,000 barrels per day as a result of extreme winter weather

WTI crude gained more than 2% on Tuesday morning, erasing some of Mondays losses, but increasingly negative sentiment in oil remains a prime risk.

The Dutch government has decided to temporarily extract minimal amounts of natural gas from two sites at the Groningen gas field that was closed last year, as a deep freeze is moving into northwest Europe

Record-high natural gas production, flat demand, and high inventories resulted in U.S. benchmark natural gas prices averaging $2.57 per million British thermal units (MMBtu) in 2023, down by around 62% compared to the 2022 average

Crude oil prices rose more than 3% Wednesday driven by escalating tensions in the Middle East, an OPEC pledge of unity and the shut-in of Libya’s biggest oilfield over protests

Crude erased gains in the morning of the first trading session of 2024 despite mostly bullish news.

Crude oil price analysis and research that covers crude oil futures and oil price forecasts. We also look at events that cause oil price movements.

Analysis of gas price movements and gas price forecasts. Learn how gas prices are determined and what effect gas prices have on the economy.

Articles and analysis on all types of energy production and consumption from fossil fuels such as crude oil and coal to renewable energy technologies.

Russia and Iran have agreed to use their local currencies for trade, bypassing the US dollar, amidst broader global efforts to reduce reliance on the American currency.