Wednesday, July 28, 2010

Oil prices and Oil shares?

When Oil prices increase does it have any impact on oil stocks? and if there is which oil stocks makes the most profit?Oil prices and Oil shares?
When Oil prices raise, Company is able to sell oil at a higher price and they get good profits.





Stock markets like it and company shares price raise in value





http://www.GoldTradingCalls.comOil prices and Oil shares?
Mostly it would have an impact on the exploration and production companies and oilfield services. It may have an impact on the refiners but it depends on their refining margins, the difference between the cost to buy or produce the oil and what they can sell their refined products for.
It sure does! The companies that profit most are producers. The integrated companies like Exxon or Chevron are next because their production costs are lower. However, the refiners (including refining operations of integrated companies) may actually lose money because of the increase in input (crude) costs.

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