Tom Kool

Tom Kool is an expert in oil and gas industry with a background in International Business. He currently serves as the Head of Operations at Oilprice.com where he provides insights on global energy markets.

64%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

85%

Examples:

  • The author uses language that dehumanizes the Russian refining industry by referring to it as being down due to Ukrainian drone strikes. This is an example of religious and ideological bias.

Conflicts of Interest

50%

Examples:

  • The article states that Canada’s oil and gas firms are boosting upstream capital expenditures to around US$30 billion (C$40.6 billion) in 2024, up slightly from an earlier estimate of $35 billion. However, this information is outdated as of February 27th, 2024 and does not reflect current market conditions.
  • The author mentions that Russia has been cutting oil production since December 1st but fails to mention the reason for this cut.

Contradictions

100%

Examples:

  • The article mentions Ukraine’s drone strikes bringing Russian refining down but fails to mention that Russia has been cutting oil production since December 1st, which would have a significant impact on global oil prices.
  • The article states that oil prices are trading in a very narrow bandwidth with ICE Brent still hovering around the $83 per barrel mark. However, this information is outdated as of February 27th, 2024 and does not reflect current market conditions.

Deceptions

50%

Examples:

  • The article mentions Ukraines drone strikes bringing Russian refining down but fails to mention that Russia has been cutting oil production since December 1st, which would have a significant impact on global oil prices.
  • The article states that oil prices are trading in a very narrow bandwidth with ICE Brent still hovering around the $83 per barrel mark. However, this information is outdated as of February 27th, 2024 and does not reflect current market conditions.

Recent Articles

US Crude Oil Stockpiles Rise for Fifth Week in a Row, Gasoline and Distillate Inventories Fall Due to Refinery Outages

US Crude Oil Stockpiles Rise for Fifth Week in a Row, Gasoline and Distillate Inventories Fall Due to Refinery Outages

Broke On: Wednesday, 28 February 2024 The US crude oil stockpiles rose for the fifth consecutive week, while gasoline and distillate inventories fell last week due to planned and unplanned outages at refineries. The Energy Information Administration (EIA) reported that crude inventories increased by 4.2 million barrels in the week ending February 23, compared with analysts' expectations for a rise of only 2.7 million barrels in a Reuters poll.