NEW YORK (TheStreet) -- Shares of Transocean  (RIG - Get Report)  are down 1.1% to $12.12 this afternoon as oil prices slump.

Crude oil (WTI) is down 1.08% to $44.75 per barrel and Brent crude is falling 0.51% to $46.72 per barrel.

Oil prices are falling due to a stronger U.S. dollar.

The oil market limited losses today as U.S. crude stockpiles are forecasted to fall for the ninth week in a row despite a global glut in oil supplies, CNBC reports.

A wage protest in Libya that shut the eastern Libyan oil terminal at Hariga and suspended 100,000 barrels of crude oil production per day has also helped slow losses.

Transocean is a Switzerland-based international offshore drilling services company.

Separately, TheStreet Ratings rated this stock as a "sell" with a ratings score of D+.

Among the areas TheStreet Ratings feels are negative, one of the most important has been a generally disappointing historical performance in the stock itself.

You can view the full analysis from the report here: RIG

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.