Share to Twitter Share to Linkedin Reports have been circulating that OPEC (or OPEC+) is considering a 1 mb/d reduction in production quotas at its meeting on Wednesday, which resulted in a quick $5/barrel surge in oil prices, not devastating but significant. For most of the members, the issue is moot: outside the Gulf production is already below quotas because of a technical inability to meet them. Low investment levels and lack of maintenance, partly due to the pandemic, have reduced Angola and Nigeria 1.2 mb/d below their quotas already. It is unlikely that the group will simply point to that and declare ‘Mission Accomplished.’ Yet the range of possible oil market balances is probably wider than even the dark days of the 2008 financial crisis, as the combination of possible recession, efforts to curtail Russian oil exports—so far minimally successful—and worries about more Chinese covid lockdowns all cloud the picture. Add to that the possibility that Iranian … [Read more...] about What’s OPEC+’s Next Move?
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Share to Twitter Share to Linkedin It may sound like risk-off overkill, but if you wanted to take a belt-and-suspenders approach to protecting some of your savings from inflation and the risk of collapsing financial markets, you might look for an asset that combines the historical acceptance of precious metals with blockchain ownership verification and maybe wrap it up in a stablecoin packaged by a company committed to ethical investing, just to be ridiculously safe. MRHB.Network plans to offer Gold & Silver Standard (GSS) bullion tokens to investors around the world with a razor-thin 0.03% transaction fee. Each token is worth 1 gram of precious metal, and investors can buy in increments of 1/18. There's no floor for the first week, so avid but timid gold investors can get their feet wet for as little as $3, based on the metal's recent price of about $1,660 an ounce ($53 a gram). After that, there will be a $10 minimum purchase, still less than a quarter … [Read more...] about Halal Gold Stablecoins Offer Gram-By-Gram Hedge Against Finance Maelstrom
Share to Twitter Share to Linkedin Programmatic advertising can be effective for boosting brand awareness and keeping up with the metrics of your business site. Avoiding fraud while using programmatic advertising and making a blocklist of websites you don't want your brand to be on are strong steps to take for first-time users. Beginners may need more strategies for them to feel comfortable when using this method to get digital ads for their sites. Here, eight Forbes Communications Council members give more tips for those just now programmatic advertising. 1. Avoid Fraud At Any Cost Wherever there's a lot of money, there's a lot of fraud. Digital advertising is no different. Between agencies that control the reporting and demand-side platform (DSPs) using automation to a deliberately nebulous bidding system, losing money is almost a guarantee. Work with your manager to ensure your internal success metrics provide an Excel-defensible narrative of … [Read more...] about Eight Tips For Beginners Using Programmatic Advertising
Every entrepreneur and business owner I know has had more setbacks than they would like to admit, in this age of rapid change and constant surprises, like the current pandemic . Some are able to overcome every challenge, and come out ahead , while others are discouraged and lose ground with each one, ultimately leading to their business demise. Which category are you in? Based on my own experience as a business advisor, I'm convinced that it is all about your mindset for success, and the habits you have developed for tackling problems and challenges. I offer the following strategies for approaching any adversity, as positive steps to turning it into an opportunity rather than a spiral into the ground: 1. Look for positives and avoid the victim mentality. Accept the fact that change is normal, and is probably the reason you saw an opportunity to start your business in the first place. Now is the time to look for a new opportunity, and prove that it has more potential … [Read more...] about How to Overcome Business Setbacks by Developing a Positive Mindset