No Algiers OPEC Oil Freeze Likely, MLP Investor Says

By Dimitra DeFotis
As the world’s largest oil producers meet in Algeria, U.S. oil prices moved higher despite little hope that cash-strapped nations can agree to cap or freeze output.
That’s the view of Brian Kessens, a portfolio manager at Tortoise Capital Advisors, whose funds invest in U.S. energy infrastructure including master limited partnerships or MLPs. Kessens is part of the team that manages the Tortoise MLP & Pipeline Investor fund (TORTX), a mutual fund with $2.4 billion. The U.S. crude price, which jumped 2.5% Monday to $45.58 Monday, drives the domestically-oriented fund, but so do global geopolitics and their impact on global supply and demand.
Read more here: http://blogs.barrons.com/emergingmarketsdaily/2016/09/26/no-opec-oil-freeze-likely-mlp-investor-says/