Refiners Suffer from High Oil Prices

Oil Refiners Downfall

Photo Credit. High oil prices often mean good news for many elements of the oil business. However, the refiners are are a bit different. They have been suffering recently, and here are the ones who may be effected. Daniel Dicker gives some need to know details. And for the last decade, speculative money has skewed … Read more

China’s Energy Needs Expands to Canadian Exports


Photo Credit.    Not only has China been seeking energy options from the United States, they are now looking to Canada to help support their growing energy needs. Canada is one of the largest oil exporters, and the largest oil supplier for the U.S. How will this effect our oil supply and Canada’s export business? Ian Austen … Read more

Floating Crude Falls, What Sinks Along With It?

Floating Crude Falls

Photo Credit. Floating oil storage tends to be overly expensive, so they are only used then necessary. In the past few months the amount of floating oil storage has dropped dramatically. Due to the current pricing and state of the market, things are beginning to change. Paul Ausick makes some observations as to why this … Read more

ExxonMobil & Rosneft: On Same Page

XOM in Russia

Photo Credit. ExxonMobil has been working hard for months now trying to come to an agreement with Russia’s Rosneft. There were many points in the process where the agreement looked like it wouldn’t happen. However, according to Kenneth Rapoza, the two companies have finally met on common ground, and developed a deal. ExxonMobil (XOM) signed … Read more

Transocean Prepped for Upward Trend

Transocean Moving Up

Photo Credit. Transocean has been on a downward trend for the last couple months. However, if you look at the charts today, it looks like they are headed back to an upward trend. This is good news, and would be a great time to buy. Jim Van Meerten explains why RIG can be a good … Read more