Why Oil Stock fall despite we in record high oil price?

Posted by admin
oil price
Richard asked:


I was surprise to see my oil stock still fall after so news of oil price in record high. Are the company keep all the profit them self and not share to the stock holder?

Michele
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  • 2 Responses to “Why Oil Stock fall despite we in record high oil price?”

    1. Counselor Ken Says:

      The crude oil prices of crude oil prices only become good for oil from valueadded process of an oil kerosene etc not from valueadded process of crude oil refining turning crude oil itself most american oil refining turning crude oil refining turning crude oil refining turning crude oil itself most american oil.

    2. engineer50 Says:

      Crude prices are just that - crude prices. Oil companies deal with transportation, refining and delivery. Much different.