WTI Crude futures

Western Refining Has Slick Profit Potential

During most of June, Western Refining followed the rest of the market down, dipping as much as 16.5%. However, its shares have since perked up -- and they have much farther to rise. The refiner is in a prime position to take advantage of a wide spread between the price of crude oil and gasoline.

Will Saudi Arabia's Gambit Drive Oil Prices Even Higher?

Saudi Arabian Oil Minister Ali al-Naimi said his country cut oil production in March because the market was oversupplied. Was this move an honest bid to a bid to expose the speculators and push prices back down, or an attempt to capitalize on the current instability to propel prices higher?

Higher Pump Prices? Yes.
But Not $5 a Gallon

Americans could see gasoline spiking 10% to 18% higher in coming weeks as a result of the unrest in the Middle East, but they're unlikely go above $4 a gallon -- unless the uprisings spread to Saudi Arabia. In that case, all bets are off.