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.
Biography:
https://oilprice.com/contributors/Tom-Kool
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 However, this information is outdated as of February 27th, 2024 and does not reflect current market conditions.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 However, this information is outdated as of February 27th, 2024 and does not reflect current market conditions.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 However, this information is outdated as of February 27th, 2024 and does not reflect current market conditions.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
Broke On: Wednesday, 28 February 2024The 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.