_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 bangla may girls 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
_phulki-124-ep-351-124-webisode-124-may-31-2024-124-devyani-mondal-124-zee-bangla.webp "Zee Bangla")
⏲ 8 minutes 34 seconds 👁 7.4K
_midnight-at-bangla-road-phuket-insane-stories-of-party-people-in-thailand-don39t-do-shots.webp "Chai Travel")
⏲ 14 minutes 36 seconds 👁 107.2K
_the-making-of-alden-richards39-preview-cover-shoot-124-the-making-of-124-preview.webp "Alden Richards Is the Quintessential Leading Man, and His Preview May 2024 Cover Shoot Is Proof. Go behind the scenes of our May 2024 cover shoot in this exclusive Preview video.")
_top-bengali-baby-girl-names-124-modern-bengali-girl-names-124-unique-girl-names-with-meaning.webp "Notun Alap")
⏲ 2 minutes 33 seconds 👁 213.5K
_heavy-rainfall-expected-for-parts-of-the-east.webp "Some areas around the South Australian, NSW, and Victoria border may be in for some localised flooding.")
_meena-jadur-pathor-magic-stone-bangla.webp "UNICEF Bangladesh")
_.webp "খেলাযোগ")
_trisha-paytas-gives-birth-to-second-baby-daughter-elvis.webp "Influencer Trisha Paytas has welcomed her second daughter, Elvis, into the world, delighting her fans who have followed her pregnancy journey since she announced it in February 2022 with ultrasound images and positive tests. Paytas, who thoroughly enjoyed her first pregnancy, gave birth to her first daughter, Malibu Barbie, in September 2022, making her the center of her universe. Fans were thrilled when she revealed a new ultrasound image, announcing a second baby due in May. Despite a slightly late arrival, baby Elvis was born, with Paytas sharing the joyous news on Instagram on June 4th, prompting an outpouring of well-wishes and reflections on her past struggles with fertility.")
_phulki-124-ep-351-124-webisode-124-may-31-2024-124-devyani-mondal-124-zee-bangla.jpg)
_midnight-at-bangla-road-phuket-insane-stories-of-party-people-in-thailand-don39t-do-shots.jpg)
_the-making-of-alden-richards39-preview-cover-shoot-124-the-making-of-124-preview.jpg)
_top-bengali-baby-girl-names-124-modern-bengali-girl-names-124-unique-girl-names-with-meaning.jpg)
_heavy-rainfall-expected-for-parts-of-the-east.jpg)
_meena-jadur-pathor-magic-stone-bangla.jpg)
_.jpg)
_trisha-paytas-gives-birth-to-second-baby-daughter-elvis.jpg)
![[+]](/images/menu.gif){kind=small}