_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 আছিবের গা 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
_youtube-chagala-faguna.webp "Ranjankumar SAMAL ENG")
_.webp "arshazful")
⏲ 2 minutes 54 seconds 👁 27K
_alien-romulus-124-trailer-1.webp "Directed by Fede Alvarez, the sci-fi horror is a standalone instalment in the \")
_.webp "Chu Soc")
⏲ 2 minutes 26 seconds 👁 556
_patrick-mahomes39-college-gpa-has-heads-turning.webp "219 pro touchdown passes. Three Super Bowl wins in five seasons. The only quarterback ever to throw for 5,000 yards in a single season in the NFL and as an undergrad. Impressive numbers, Patrick Mahomes, but how about that college GPA?")
_hridoy-khan-chero-na-new-music-video-2017.webp "md masum mia")
⏲ 4 minutes 15 seconds 👁 29
_mahre-gaam-ka-pani-new-haryanvi-song-2016.webp "DJ SULENDER SS HISAR")
⏲ 3 minutes 13 seconds 👁 2K
_the-ceo39s-wife-is-so-sexy-full.webp "The CEO's wife is so sexy - When the CEO and Bai Yueguang met, they had a passionate night<br/>#film#filmengsub #movieengsub #reedshort #haibarashow #3tchannel#chinesedrama #drama #cdrama #dramaengsub #englishsubstitle #chinesedramaengsub #moviehot#romance #movieengsub #reedshortfulleps<br/>TAG :haibara show,haibara show dailymontion,drama,chinese drama,cdrama,drama china,drama short film,short film,mym short films,short films,uk short films,crime drama short film,short film drama,gang short film uk,short of the week,uk short film,london short film,gang short film,amani short film,shorts,drama short film gang,short movie,chinese drama,cdrama,chinese drama engsub")
_youtube-chagala-faguna.jpg)
_.jpg)
_alien-romulus-124-trailer-1.jpg)
_.jpg)
_patrick-mahomes39-college-gpa-has-heads-turning.jpg)
_hridoy-khan-chero-na-new-music-video-2017.jpg)
_mahre-gaam-ka-pani-new-haryanvi-song-2016.jpg)
_the-ceo39s-wife-is-so-sexy-full.jpg)
![[+]](/images/menu.gif){kind=small}