Voya Asia Pacific High Dividend Equity Income Fund T.IAE

RE:RE:Important request...

[Kittyday]

You're right!

I don't think pumpers can help very much because the oil price will continue to drop. The drop in Saudi Arabian oil supply last month is a joke.
.
“This is not yet a signal that Saudi Arabia has taken a step forward in markedly reducing oil supply with an objective to shore up prices,” Harry Tchilinguirian, BNP’s London-based head of commodity markets strategy, said in an electronic message. “Saudi Arabia reduced supply to the market amid stable production because of increased domestic demand by new refinery capacity.”
.
“I don’t see anything in these latest numbers to indicate a unilateral production cut,” Richard Mallinson, a London-based analyst at Energy Aspects Ltd., said by phone yesterday. “If this was an intentional cut by Saudi Arabia, I’d expect them to have cut the actual amount of oil produced and not just the supply to market.”