Kate Warne Oil Quotations

I think it and the others will benefit as we see higher profits from the refining segment as well as from the oil production segment of their business. At Edward Jones, we're long-term investors, so we actually don't set target prices. But I think definitely the stock has room to rise. And I think the merger with Mobil ( MOB ) will in fact provide a bump in the stock price later this year.

There will be supply disruptions for a while. As gas and gasoline prices spike, Canadian oil companies are positioned to continue producing as much as they can and benefit from the situation.

What we're seeing today is a combination of lower oil prices and concern about the strength of the economy in the second quarter.

It's not surprising that even though the major integrated oils are making money hand-over-foot, the market hasn't paid much attention.

Cost saving is a big piece of what oil companies have to do. This is a commodities business, so the companies that do it best are the ones that do it more efficiently.

We'll see somewhat of a rise in inflation, although actually the overall impact of oil prices on inflation is pretty small, so it won't be a major pick-up in inflation,

I think we are seeing a little follow-through from the election ... but, overall, the market has been pulled down by the drop in oil prices more than anything else.

Oil prices fell significantly so all the energy sector was down, you see all of the financials are down, the high-tech flyers down.

What you saw today was the beginning of investors looking at other segments to say 'where are some values?' And that's why we saw some increases in some oil stocks, some metal stocks, some other areas that haven't done so well.