_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 songs and singers of the past 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
_oorahthon-2020-live.webp "Oorahthon 2020 is LIVE and action packed!! This year we bring you entertainment and inspiration from all over and we want YOU to participate! Our phone lines are always open! Just call 1-877-7-AUCTION or enter online at oorahauction.org. nnThe night begins with FIVEISH HOUR, hosted by the one and only Fiveish himself! With all-new Fiveish Trivia and more, who know what Fiveish has got up his sleeve for Fiveish Hour 2020!nnBe enlightened by a beautiful and heartwarming segment honoring some of th")
_heritage-singers-i-got-jesus-medley-45th-reunion-concert.webp "Heritage Singers")
_judy-ann-santos-barbie-forteza-david-licauco-melai-cantiveros-in-one-stage-pep-shorts.webp "Big stars like Judy Ann Santos, Barbie Forteza, David Licauco, Melai Cantiveros, and popular food vloggers gather together for the Maggi X Nestlé<br/>Tasteblazers Reinventing Culinary Inspiration event for a night of delicious celebration and fun. #NestleTastleblazers #NewsPH #PEPNews #entertainmentnews <br/><br/>Video: Bernie Franco<br/><br/>Subscribe to our YouTube channel! https://www.youtube.com/@pep_tv<br/><br/>Know the latest in showbiz at http://www.pep.ph<br/><br/>Follow us! <br/>Instagram: https://www.instagram.com/pepalerts/ <br/>Facebook: https://www.facebook.com/PEPalerts <br/>Twitter: https://twitter.com/pepalerts<br/><br/>Visit our DailyMotion channel! https://www.dailymotion.com/PEPalerts<br/><br/>Join us on Viber: https://bit.ly/PEPonViber<br/><br/>Watch us on Kumu: pep.ph")
⏲ 0:43 👁 276M
_sabrina-carpenter-please-please-please-official-video.webp "Sabrina Carpenter")
_best-of-armaan-malik-124-armaan-malik-romantic-songs-124-armaan-malik-best-songs-124-armaan-malik-songs.webp "Hindi Music Fever")
Best Of Armaan Malik ❤️ | Armaan Malik Romantic Songs | Armaan Malik Best Songs | Armaan Malik Songs
⏲ 34 minutes 59 seconds 👁 7.8K
_travis-kelces-close-friend-says-the-nfl-star-and-taylor-swift-will-39hopefully-soon39-be-getting-married.webp "Opening up about the couple’s future, one of Travis Kelce’s closest friends says the NFL star and Taylor Swift will “hopefully soon” be getting married.")
⏲ 1:20 👁 135.2M
_oorahthon-2020-live.jpg)
_heritage-singers-i-got-jesus-medley-45th-reunion-concert.jpg)
_judy-ann-santos-barbie-forteza-david-licauco-melai-cantiveros-in-one-stage-pep-shorts.jpg)
_sabrina-carpenter-please-please-please-official-video.jpg)
_best-of-armaan-malik-124-armaan-malik-romantic-songs-124-armaan-malik-best-songs-124-armaan-malik-songs.jpg)
_travis-kelces-close-friend-says-the-nfl-star-and-taylor-swift-will-39hopefully-soon39-be-getting-married.jpg)
![[+]](/images/menu.gif){kind=small}