_opec-extends-oil-production-cuts-raising-concerns-of-higher-global-prices-here39s-why-that-could-spell-bad-news-for-the.jpg "OPEC+ Extends Oil Production Cuts, Raising Concerns of Higher Global Prices. Here's Why That Could Spell Bad News for the Biden’s Re-election Chances from মেয়েদের নামৠVideo Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 14.3M times
✓ Published: 05-Jun-2024
👁 View: 14.3M times
✓ Published: 05-Jun-2024
Description:
OPEC+ agreed to extend existing oil production cuts of more than 3 million barrels per day through the end of 2025, as well as ongoing cuts of over 2 million barrels per day through September 2024. The cuts could raise global oil prices by prolonging supply restrictions at a time when demand concerns remain. Higher prices could negatively impact the US economy ahead of the 2024 elections. The Biden administration may be concerned about a potential spike in energy costs impacting voters. It has taken some actions to increase fuel supply and tamp down prices.
OPEC+ agreed to extend existing oil production cuts of more than 3 million barrels per day through the end of 2025, as well as ongoing cuts of over 2 million barrels per day through September 2024. The cuts could raise global oil prices by prolonging supply restrictions at a time when demand concerns remain. Higher prices could negatively impact the US economy ahead of the 2024 elections. The Biden administration may be concerned about a potential spike in energy costs impacting voters. It has taken some actions to increase fuel supply and tamp down prices.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_tears-of-joy-aunt-amp-niece-reunite-after-16-years.webp "Get ready for a heartwarming moment filled with pure joy!This incredible video captures the emotional reunion of an aunt and her niece after a long 16-year separation.The anticipation builds as they approach each other, leading to a moment of unbridled excitement and happy tears. <br/><br/>Video ID: WGA671380<br/><br/>All the content on Heartsome is managed by WooGlobe<br/><br/>For licensing and to use this video, please email licensing(at)Wooglobe(dot)com.<br/><br/>►SUBSCRIBE for more Heart touching Videos: <br/><br/>-----------------------<br/>Copyright - #wooglobe #heartsome <br/>#heartwarmingfamilyreunion #emotionalauntandniece #tearsofjoyreunion #viralvideo #preciousfamilymoment #familyseparation #reconnectingwithlovedones #importanceoffamily #overcomingdistance #cantstopwontstop #familygoals #tearsofhappiness #afterallyears #loveconquersall #preciousmoments #caughtoncamera #familylove #longawaitedhugs #sohappytogether #reunion #familyreunion")
_favourites-for-victory-are-already-placed-stage-8-critrium-du-dauphin-2024.webp "More information on : <br/>www.criterium-du-dauphine.fr<br/>www.facebook.com/CriteriumDuDauphine<br/>www.twitter.com/dauphine<br/>www.instagram.com/criteriumdudauphine <br/> <br/>© Amaury Sport Organisation - www.aso.fr")
_tim-burton-says-it-was-like-michael-keaton-was-92.webp "Michael Keaton left his co-stars and director stunned when he jumped back into playing Beetlejuice like it was yesterday.")
_critrium-du-dauphin-2024-stage-8-century-21-most-agressive-rider-minute.webp "Relive the stage in the shoes of the Century 21 most aggressive rider of the day! <br/> <br/>More Information on: <br/> <br/>www.letour.fr/criterium-du-dauphine<br/>www.facebook.com/CriteriumDuDauphine<br/>www.twitter.com/dauphine<br/>www.instagram.com/criteriumdudauphine <br/> <br/>© Amaury Sport Organisation - www.aso.fr")
_paso-a-chile.webp "Paso a Chile from মেয়েদের নামà§")
_modi-3-0-rjds-manoj-jha-on-nitish-kumar-chirag-paswan-playing-kingmakers-124-bihars-expectations.webp "RJD MP Manoj Kumar Jha extended his best wishes to Narendra Modi while addressing the media in Delhi. He emphasised the role of Bihar's leaders as kingmakers and expressed expectations from them. Jha advocated for granting special category status and a special package to Bihar. Additionally, he called for a caste census to be conducted nationwide. <br/> <br/>#pmmodioathceremony #ManojKumarJha #RJD #NitishKumar #ChiragPaswan #ModiCabinet #INDIA #JairamRamesh #RahulGandhi #AICC #pmmodinewcabinetlist #pmmodilive #pmmodispeech #pmmodinewcabinet #modiceremony #modioathceremonylive #modioathlive #oathceremonylive #cabinetminister #newcabinetministers #narendramodilive #ndagovernment #modiswearingin #pmmodioathceremonylive #narendramodioathtakingceremony <br/>~HT.97~PR.152~ED.102~")
⏲ 7:29 👁 11.2M
_lindsey-burrows-act-of-courage-at-yorkshire-choice-awards-in-first-solo-public-appearance.webp "Hundreds of people gave Lindsey Burrow a standing ovation as she made her first solo appearance since the death of her husband, Rob Burrow.<br/><br/>The annual Yorkshire Choice Awards (YCA) which was held at Headingley Stadium on Friday, June 7. It celebrates the achievements of inspiring people, organisations and projects throughout the region.")
⏲ 1:12 👁 11.1M
_ms-janitor-turned-ceo-full-story.webp "Ms. Janitor Turned CEO Full Story")
_tears-of-joy-aunt-amp-niece-reunite-after-16-years.jpg)
_favourites-for-victory-are-already-placed-stage-8-critrium-du-dauphin-2024.jpg)
_tim-burton-says-it-was-like-michael-keaton-was-92.jpg)
_critrium-du-dauphin-2024-stage-8-century-21-most-agressive-rider-minute.jpg)
_paso-a-chile.jpg)
_modi-3-0-rjds-manoj-jha-on-nitish-kumar-chirag-paswan-playing-kingmakers-124-bihars-expectations.jpg)
_lindsey-burrows-act-of-courage-at-yorkshire-choice-awards-in-first-solo-public-appearance.jpg)
_ms-janitor-turned-ceo-full-story.jpg)
![[+]](/images/menu.gif){kind=small}