Statoil sto
A major trend reversal in Statoil is clearing the way to upside this summer.

Petrobras (PBR - Get Report)
A classic double bottom pattern in PBR becomes a buy signal if shares can close above $10.

CNOOC (CEO)
CNOOC's double bottom setup is a buy above the $122 level.

Jim Cramer and the AAP team know what's causing oil prices to decline, and they're telling their investment club members what to do about Apache (APA - Get Report) , Schlumberger (SLB - Get Report) and Cimarex (XEC - Get Report) . Get his insights or analysis with a free trial subscription to Action Alerts Plus.

This article was written by a staff member of TheStreet.