A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices despite calls from the U.S. to pump more to help the global economy.
Saudi Arabia has agreed to cut its production for November by 526,000 bpd, from its current quota of 11.004 million bpd, according to data provided by OPEC following its Wednesday meeting to set new production targets.
While economists expected another modest rise in inflation on a MoM basis (if far below the 1.3% surge in June), the headline US Consumer Price Inflation was expected to slow from +9.1% YoY to +8.7% YoY in July, but it actually slowed significantly more than expected to +8.5% Yoy (flat MoM), ending a 16-month streak of MoM gains.
Many amateur investors … both Wall Street and Main Street … tend to “wing it” … investing on tips, hunches, intuition, and “feel”. And in real estate, you can add “insider information”. Not that anyone does that on Wall Street. Nah. Meanwhile, pros and serious amateurs pay attention to data, analysis, and the opinions of …
Oil and Gas in the Biden Era featuring Bob Burr The strength of the dollar is directly reflected in the price of oil … And as the number one commodity in the world, its costs are built into pretty much everything we buy. So when the price of oil goes up, it creates a ripple effect …
George Gammon from The Rebel Capitalist joins us for an engaging discussion about the important relationship between macroeconomics and real estate investing. It’s good to keep an eye on the bigger picture of what’s going on in the world … it can all have an impact on real estate. After all, what good is it …
Oil & Gas Market Report Don’t overlook a REAL asset with REAL opportunities for profit.Take a deep dive into a market with major mojo … OIL AND GAS! Real estate investors looking for a lucrative market have their eyes out for the next best new thing … But the right investment could be something VERY, …
Late filers in the U.S. just got finished assessing last year’s tax damages. For some, it was a pre-Halloween shocker. Fortunately, there’s still some time left in the current year to make some smart moves and take advantage of some of the most generous tax breaks available to investors … First, consider setting up a Qualified …
Most real estate investors focus on the structure on top of the dirt. Others profit by trading in the land itself. Still, others find opportunity in what grows on top of the land. Today’s show is about what comes from UNDER the dirt … oil and gas. And there’s a LOT more to the story …
Podcast: Exploring Huge Tax Benefits and Unique Profit Strategies in Oil and Gas Read More »
Land is at the heart of real estate investment. Some investors build on the land. Others profit from growing on the land. But today we’re talking about the opportunities that lie UNDER the land … oil and gas. Many investors hop into real estate because of its tremendous tax breaks … but that often only …
Exploring Huge Tax Benefits and Unique Profit Strategies in Oil and Gas Read More »