SOURCE: StockCall


December 15, 2010 09:06 ET

Analyst Research on Sunoco Inc. and Western Refining Inc. - Quick Overview of the Oil & Gas Refining & Marketing Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 15, 2010) - offers investors comprehensive research on the oil & gas refining & marketing industry and has completed analytical research on Sunoco Inc. (NYSE: SUN) and Western Refining Inc. (NYSE: WNR). Register with us today at to have free access to these researches. 

Crude oil refineries got a bit of reprieve this week as the price per barrel fell 33 cents to $88.28 on the New York Mercantile Exchange. As recently as December 7th, crude oil was trading at $90.76 a barrel, the highest it has been since October 2008. The drop in price is currently being credited to the Federal Reserve announcing that it would continue its dollar strengthening plan to buy $600 billion in Treasuries by June, 2011. is an online platform where investors doing their due-diligence on the oil & gas refining & marketing industry can have easy and free access to our analyst research and opinions on Sunoco Inc. and Western Refining Inc.; all investors need to do is register for a complimentary membership at

Domestic refineries are pleased with the recent drop in price as increased demand and greater international competition had been driving the bidding up for crude oil lately. As the price per barrel bidding increases, the profit margins for domestic-refiners decreases. Register now at to have free access to our reports on the oil & gas refining & marketing industry.

Greater demand for refined products works for and against domestic refineries in a sense that they welcomed the expanded need for their product but not the higher crude oil prices that come with it. At the moment, demand for crude oil has been outpacing supply by more than 900,000 barrels a day since May. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

For the third quarter 2010, Sunoco Inc. swung to a profit of $ 65 million as opposed to a loss registered in the same quarter in 2009. Revenue was up for the quarter reaching $9.5 billion helped by positive results from the refiner's retail, logistics and coke operations. Investors looking for free research on Sunoco Inc. are welcome to sign up at for our new report. 

On the other hand, Western Refining Inc. posted net income of $6.9 million. Investors looking for complimentary research on Western Refining Inc. are welcome to sign up at for our new report. 

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