Tom Kloza - Profile and Journalist Details
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Founder and Oil Analyst, Oil Price Information Service (OPIS)
Farmingdale, Fort Myers
Beats
Anything political, racist, and degrading topics in any form.
Content
By Tom Kloza, Jeff Barber| Trading View@ Nymex Overview: Oil Futures Weaken as Investment Banks Cut Oil Price TargetsOPISPetroleum futures were lower near midday Monday in volatile trading as commodity and equity markets continue to slide on concerns over U.S. tariffs. Crude oil contracts, which rose by $1 or more on a report the Trump administration was considering suspending the tariffs for 90 days, resumed their decline to numbers last seen in 2021, after the White House denied it was considering such a move.
By Tom Kloza, Michael Kelly| Morningstar@ Commodities analysts at Citigroup on Monday said tariff issues could send Brent values even lower than previously expected, with a short-term visit to $60/bbl or less. The investment house now expects global economies to slow sharply, perhaps inspiring a response from U.S. shale or OPEC and its allies. The $60/bbl target for Brent suggests a further drop of $3.50-$4.50/bbl from current numbers.
By Tom Kloza, Jeff Barber| Trading View@ Nymex Overview: Oil Futures Weaken as Investment Banks Cut Oil Price TargetsOPISPetroleum futures were lower near midday Monday in volatile trading as commodity and equity markets continue to slide on concerns over U.S. tariffs. Crude oil contracts, which rose by $1 or more on a report the Trump administration was considering suspending the tariffs for 90 days, resumed their decline to numbers last seen in 2021, after the White House denied it was considering such a move.
Company Info
Oil Price Information Service (OPIS)
Founded in 2006, NAVX became one of the first providers of content for navigation devices and a pioneer in Europe. In 2015, NAVX was acquired by Oil Price Information Service (OPIS), a leading provider of real-time and historical retail fuel prices and margins throughout North America. This acquisition further enhanced NAVX's global presence as a cloudbased content provider dedicated to connected cars. Rebranded as OPISNAVX, its focus remains steadfast in delivering top-quality, real-time gas station data and fuel prices in 30 countries, electric vehicle points of charge information in 12 countries and parking information in 40 countries.
London, United States
+1 888-301-2645
Founded: 2006