_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 juventus soccer news 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
_embarrassing-why-juventus-sacked-max-allegri-after-coppa-italia-final-behaviour-124-espn-fc.webp "ESPN FC")
⏲ 7 minutes 50 seconds 👁 18.3K
_watch-this.webp "Never Give Up and Follow Your Dreams Better Days Are Coming. nnnnnnnn#comedy #vlog #viral nnnnnnnnnnnnnnnnnnnn#NELK #nelk #fullsend #FullSend#SteveWillDoIt #bradleymartyn #animals #love #canada #jamescharles #loving #lol #pewdiepie #asmr #markiplier #NFNC #lol #vine #instagram #cats #dogs #hilarious #adventure #fortnite #joerogan #billieeilish #daviddobrik #wwe #bts #music #snl #mrbeast #ksi #loganpaul #jakepaul #tiktok #haha #nfl #nba #soccer#weed#blunt#joint #arianagrande #tseries #movie#comed")
_it39s-over-pogba-and-juve-done-juventus-news.webp "All JuveCast")
_juventus-have-re-joined-european-club-association-after-leaving-during-super-league-plot.webp "Sky Sports News")
⏲ 2 minutes 22 seconds 👁 5.9K
_motta39s-first-request-is-zirkzee-juventus-news-updat3.webp "All JuveCast")
_juve-is-chiesa39s-top-priority-juventus-news-updat3s.webp "All JuveCast")
_myrna-esguerra-of-abra-bbpilipinas2024-pep.webp "Binibini 40 Myrna Esguerra of Abra at the Binibining Pilipinas 2024 press presentation.<br/><br/>Video: FK Bravo<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")
_euro-2024-preview-italy.webp "Michael Talks Football")
_embarrassing-why-juventus-sacked-max-allegri-after-coppa-italia-final-behaviour-124-espn-fc.jpg)
_watch-this.jpg)
_it39s-over-pogba-and-juve-done-juventus-news.jpg)
_juventus-have-re-joined-european-club-association-after-leaving-during-super-league-plot.jpg)
_motta39s-first-request-is-zirkzee-juventus-news-updat3.jpg)
_juve-is-chiesa39s-top-priority-juventus-news-updat3s.jpg)
_myrna-esguerra-of-abra-bbpilipinas2024-pep.jpg)
_euro-2024-preview-italy.jpg)
![[+]](/images/menu.gif){kind=small}