OPEC and its allies slashed production targets for the next 14 months by 2 million b/d, signaling that the bloc is set on managing global production in a way that maintains a higher oil price, according to market analysts. At higher prices, oil companies are continuing to produce enormous amounts of free-cash-flow, and that bodes well for long-term investors in the sector like Equinox Partners, according to Sean Fieler, the company’s president and chief investment officer.   Fieler joined the podcast ahead of the Oct. 5 OPEC meeting, but reports were already circulating that a production cut was coming. He gave his take on the role OPEC is playing in the oil market, where he sees oil prices heading in the near- and long-term, and how geopolitics and domestic policies, including the growing ESG movement, are impacting the investment outlook for the oil industry. Spoiler: he thinks “it’s a great time to be an equity investor” in this sector.   Stick around after the interview for Chris van Moessner with the Market Minute, a look at near-term oil market drivers.