West Texas Intermediate for September delivery was 4 cents higher at $48.26 a barrel on the New York Mercantile Exchange at 11:21 a.m. in London. The contract rose 3.1 percent to close at $48.22 on Thursday, capping an almost 16 percent advance over the previous six sessions. Total volume traded was 35 percent above the 100-day average. Brent for October settlement slipped 8 cents, or 0.2 percent, to $50.81 a barrel on the London-based ICE Futures Europe exchange. The contract advanced $1.04 to close at $50.89 on Thursday, also entering a bull market after climbing more than 20 percent from its early-August low. Prices are up 8.2 percent this week. The global benchmark crude traded at a $1.85 premium to WTI for October. click Read More below for additional insight
Although heavy internet users are more likely to use software that blocks advertisements, they are also significantly more likely than the average person — at 0.9% vs. 18% — to say advertising is important to their purchasing behavior, according to a new study.
The Kantar Media study, called DIMENSION, was conducted between November 30 and December 12, 2017 among 1,000 Americans and 5,000 in Brazil, China, France and the U.K.
Across the board, poor creative and lack of relevance to the consumer are the main reasons that people still block ads from serving up in their browser and on the web page. Other reasons include brands that continually serve the same ad even after the consumer buys the product in a physical store.
Another issue is that 72% of consumers say they see the same ad repeatedly. Some 56% say they often see online ads for products they have already purchased. About 63% said they would like more control over the ads they see. And consumers now understand the “trade-off” between data and personal benefits gained.
Overall, one in five connected adults claim to use ad blockers all the time, and about 33% say they use an ad blocker sometimes. This year, the proportion of 45- to-64-year-olds who block ads was almost at the same level as for 18- to-34-year-olds. Some 44% of those who block ads said blocking ads is not dependent on the device used.