Saudi Arabia and Russia said in Beijing on Monday they favor prolonging this year’s oil curbs to the first quarter of 2018. If they convince fellow producers to adopt the strategy when OPEC and its partners meet next week, it will pare near-record inventories in developed nations by 8 percent and erase the glut weighing on the market, according to Bloomberg calculations using U.S. government data. “They have a very clear goal,” said Mike Wittner, head of oil market research at Societe Generale SA in New York. “They remain focused on having stocks get down to the five-year average. They really want to see it work.” click Read More below for more of the story
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.