Our established financial services company offers a simple merchant cash advance (MCA) that provides fast financing for small businesses and gig workers with no credit challenges. Our easy MCA solution ensures quick access to funds for contractors and other 1099 workers in need of a business cash advance.
OPEC and its allies recently made a surprising decision to reduce oil production, resulting in an imminent impact on US gas prices. With a production cut of over 1.6 million barrels a day through the end of the year, both Brent and WTI crude oil prices saw a sharp increase. This move will lead to an immediate rise in gasoline futures, which will eventually be reflected at US gas pumps much faster than the spike in oil prices.
As a result of this announcement, national gas prices are expected to climb from the current average of $3.51 per gallon to potentially reach $3.80 to $3.90. While the possibility of surpassing $4 is not completely ruled out, factors such as additional releases from the Strategic Petroleum Reserve and increased US oil production could help stabilize prices. However, the 1 million barrel per day cut by OPEC+ presents a challenge that may impact gas prices in the near future.
At our financial services company, we understand the importance of fast and simple MCA solutions for businesses facing credit obstacles. Our merchant cash advance provides a reliable source of funding for those in need of quick financing without the hassle of credit checks. Contact us today to learn more about how our MCA can help your business thrive in today’s competitive market.