Scammers Are Exposed On This Site


Wednesday, 17 June 2020

Breakeven crude oil prices are one metric of the economic constraints facing OPEC+ members (6/17/2020)

On June 6, 2020, members of the Organization of the Petroleum Exporting Countries (OPEC) agreed, along with 10 other partner countries (OPEC+), to extend their pre-existing 9.7 million barrel per day (b/d) production cut through at least July 2020. For many OPEC+ countries, the nearly 50% decline in crude oil prices during the past six months is likely to exert significant pressure on their economies and financial reserves. The extent of this pressure can be assessed by analyzing breakeven oil prices. While breakeven prices for a company generally refer to the minimum oil price required for a well to be profitable, breakeven prices for a country measure the oil price that a government (in the case of a fiscal breakeven) or an economy (in the case of an external breakeven) needs to cover its expenses. ... More »
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The Stages Of A Scam

1. Foundation Work: This is the preparations which are made before the scam is put in motion, including the elaboration of the plan, the employment of assistants and so forth.

2. Approach: Is the manner of getting in touch with the scammers victim — often most elaborately and carefully prepared.

3. Build Up: Rousing and sustaining the interest of the victim, rousing his emotions, showing him the chance of profit and filling him so full of anticipation and cupidity that his judgment is warped and his caution thrown away.

4. Pay-off or Convincer: An actual or apparent paying of money by the conspirators to convince the victim and settle doubts by a cash demonstration.

5. The Hurrah: This is like the dénouement in a play and no scam or con scheme is complete without it. It is a sudden crisis or unexpected development by which the victim is pushed over the last doubt or obstacle and forced to act. Once the hurrah is sprung the victim is clay in the scammer's hands or there is no game.

6. The In-and-In: This is the point in a scam act where the conspirator may put some of his money into the deal with that of the victim; first, to remove the last doubt that may tarry in the gull's mind.