_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 wasmo somal Video 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
_50-facts-that-sink-our-myths-about-the-titanic.webp "There are a lot of myths about the Titanic, but here are some interesting facts that debunk them. For starters, the Titanic wasn’t actually billed as \")
_brewers-phillies-mlb-game-preview-for-june-05-2024-1605.webp "A look ahead to the MLB game between BREWERS and PHILLIES. Your source for scores, previews, recaps, box scores, and more from every Major League Baseball. The schedule is set, and we're ready for some baseball.")
![#jaannisar#hibabukhari#danishtaimoor <br/><br/> Jaan Nisar Ep 13 - [Eng Sub] - Digitally Presented by Happilac Paints - 7th June 2024 HAR PAL GEO(Review)<br/><br/>Coutesy: HAR PAL GEO<br/><br/>Hello I am a Voice over Artist, I'll give you Pakistani Drama Reviews and exclusive discussion about dramas, if you want to follow me then Subscribe to my youtube channel Reviews with Alisha Pari and Stay updated.<br/><br/>Copyright Disclaimer: <br/><br/>The Use Of This Title and pictures Given In This Video Under The Fair Usage Policy For Review Of Drama That Allows To Use For Comments, Entertainment And Positive Criticism Purpose Qualifies As Fare Use Under US Copyright Law Because These Are <br/><br/>1) Non Commercial <br/>2) Transformative In Nature <br/>3) Does Not nagetively influenced The Original Content<br/><br/>Copyright Disclaimer Under Section 107 of the Copyright Act 1986, remittance is made for \](https://cdn2.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KHKA1oGSwG_qBnwS6E0MXHP9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_jaan-nisar-ep-13-eng-sub-digitally-presented-by-happilac-paints-7th-june-2024-review.webp "#jaannisar#hibabukhari#danishtaimoor <br/><br/> Jaan Nisar Ep 13 - [Eng Sub] - Digitally Presented by Happilac Paints - 7th June 2024 HAR PAL GEO(Review)<br/><br/>Coutesy: HAR PAL GEO<br/><br/>Hello I am a Voice over Artist, I'll give you Pakistani Drama Reviews and exclusive discussion about dramas, if you want to follow me then Subscribe to my youtube channel Reviews with Alisha Pari and Stay updated.<br/><br/>Copyright Disclaimer: <br/><br/>The Use Of This Title and pictures Given In This Video Under The Fair Usage Policy For Review Of Drama That Allows To Use For Comments, Entertainment And Positive Criticism Purpose Qualifies As Fare Use Under US Copyright Law Because These Are <br/><br/>1) Non Commercial <br/>2) Transformative In Nature <br/>3) Does Not nagetively influenced The Original Content<br/><br/>Copyright Disclaimer Under Section 107 of the Copyright Act 1986, remittance is made for \")
⏲ 33:46 👁 1M
_trump-suggests-americans-could-reach-breaking-point-if-he-is-jailed.webp "Last week Donald Trump became the first president in history to have been found guilty and convicted of not one, but 34 felony counts. However, during a recent interview on Fox & Friends, the former president had some words about what might happen if he’s incarcerated for his crimes. Veuer’s Tony Spitz has the details.")
_50-facts-that-sink-our-myths-about-the-titanic.jpg)
_brewers-phillies-mlb-game-preview-for-june-05-2024-1605.jpg)
_jaan-nisar-ep-13-eng-sub-digitally-presented-by-happilac-paints-7th-june-2024-review.jpg)
_trump-suggests-americans-could-reach-breaking-point-if-he-is-jailed.jpg)
![[+]](/images/menu.gif){kind=small}