Opec – Ascension Tecsol Global Division of Faith Management Solutions 501(c)3

Kuwaiti, Saudi officials discuss resuming Neutral Zone oil production – KUNA — Financial Post

CAIRO — OPEC members Saudi Arabia and Kuwait have discussed resuming oil production in jointly operated fields in the Saudi–Kuwaiti Neutral Zone, Kuwaiti state news agency KUNA said on Wednesday. Read More via Kuwaiti, Saudi officials discuss resuming Neutral Zone oil production – KUNA — Financial Post

UPDATE 2-OPEC set for oil cut extension if Iran endorses pact — Financial Post

VIENNA — OPEC and its allies look set to extend oil supply cuts next week at least until the end of 2019 as Iraq joined top producers Saudi Arabia and Russia on Sunday in endorsing a policy aimed at propping up the price of crude amid a weakening global economy. Read More via UPDATE 2-OPEC setContinue reading “UPDATE 2-OPEC set for oil cut extension if Iran endorses pact — Financial Post”

‘Heavy-handed’ intervention will not alleviate Alberta’s pain in long-term — Financial Post

‘It’s extremely influential for really kickstarting Canadian oil prices’ via ‘Heavy-handed’ intervention will not alleviate Alberta’s pain in long term — Financial Post

Global Market Investment

•What shaped the past week? Global Markets: Global markets traded mixed this past week amidst a number of factors. The markets got off to a positive start to the week on continued recovery in oil prices from recent slide, driven by announcement that Saudi and Russia are open to extending the OPEC oil production cut. […]Continue reading “Global Market Investment”