Kuwaiti oil minister on Reuters

  • exit of high-cost production will help improve oil prices
  • as of now there is no call from OPEC member nations to change OPEC production policy

2016 global economic growth ? I'm not sure where he's getting that one from

Anyhow, oil prices still well supported for the moment with Brent and WTI just off session highs at $52.95 and $50.09

USDCAD tested support into 1.2900 but finding demand again to rally to 1.2923. 9 Oct lows of 1.2897 and 29 July 1.2859 the targets in focus with sellers between 1.2950-60 now