_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 hinge price 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
_8-gun-double-door-steel-security-cabinet-black-by-homak-review.webp "http://www.bestratedgunsafes.com/8-gun-double-door-steel-security-cabinet-black-by-homak-review/- 8-Gun Double Door Steel Security Cabinet (Black) by Homak ReviewnnnThe 8-Gun Double Door Steel Security Cabinet is Now on Sale - Click The Link Above For a Great Discount!n n nThe 8-Gun Double Door Steel Security Cabinet includes 3 shelves in left interior for organized storage and includes 2 plastic door organizer bins to store accessories . 4-Point locking system . Industrys tallest at 57 in. .")
_heavy-duty-barn-door-hinges-price-amping-system-hinge.webp "Temax Furniture Hardwares")
_tinder-experiment-proves-how-brutal-it-is-for-average-guys.webp "Wheat Waffles")
_bitcoin-soars-above-3671000-as-bank-of-canada-cuts-interest-rates-for-the-first-time-in-four-years.webp "The Bank of Canada cut its benchmark interest rate by 25 basis points, the first cut in four years. The price of Bitcoin rose above $71,000, its highest since March, settling around $70,900. Lower interest rates are generally good for risky assets like Bitcoin, as they make borrowing money cheaper and increase the money supply. The Bank of Canada governor said confidence in returning inflation to their 2% target has increased. The US Federal Reserve is expected to keep rates steady in June but cut by September according to market forecasts.")
⏲ 0:38 👁 720K
_stack-on-ss-10-mb-e-10-gun-fully-convertible-security-safe-with-electronic-lock-matte-black-review.webp "http://www.bestratedgunsafes.com/stack-on-ss-10-mb-e-10-gun-fully-convertible-security-safe-with-electronic-lock-matte-black-review/- Stack-On SS-10-MB-E 10 Gun Fully Convertible Security Safe with Electronic Lock – Matte Black ReviewnnnThe Stack-On SS-10-MB-E 10 Gun Fully Convertible Security Safe with Electronic Lock – Matte Black is Now on Sale - Click The Link Above For a Great Discount!n n nThe Stack-On SS-10-MB-E 10 Gun Fully Convertible Security Safe with Electronic Lock is tested a")
Stack-On SS-10-MB-E 10 Gun Fully Convertible Security Safe with Electronic Lock – Matte Black Review
⏲ 55 sec ✓ 05-Feb-2014
_ftc-readies-antitrust-lawsuit-against-largest-us-alcohol-distributor-for-39secret-kickbacks39.webp "The Federal Trade Commission is preparing an antitrust lawsuit against Southern Glazer's Wine and Spirits, the largest alcohol distributor in the US. The FTC alleges that Southern Glazer's has been providing \")
⏲ 0:43 👁 395K
_oil-price-adjustment-june-4-2024-124-bt.webp "Balitanghali is the daily noontime newscast of GTV anchored by Raffy Tima and Connie Sison. It airs Mondays to Fridays at 10:00 AM (PHL Time). For more videos from Balitanghali, visit http://www.gmanews.tv/balitanghali.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe")
_buy-torras-upro-pstand-series-magsafe-compatible-phone-case-for-samsung-galaxy-s24-ultra-in-pakistan-at-dablew-pk.webp "Torras UPRO Pstand Series Magsafe Compatible Phone Case for Samsung Galaxy S24 Ultra - BlacknnBuy Original and Premium Quality Torras UPRO Pstand Case for Galaxy S24 Ultra in Pakistan in Lowest Price at Dab Lew Tech, Buy Best Quality Cases now !!nnProduct Descriptions:nStand Up, Power UpnnTorras UPRO Pstand Case for Galaxy S24 Ultra in Pakistan features a slim stand for hands-free, multi-angle use. Integrated MagSafe allows for uninterrupted wireless charging.nnEnhanced Wireless ChargingnnBoasts")
⏲ 57 sec ✓ 01-Feb-2024
_8-gun-double-door-steel-security-cabinet-black-by-homak-review.jpg)
_heavy-duty-barn-door-hinges-price-amping-system-hinge.jpg)
_tinder-experiment-proves-how-brutal-it-is-for-average-guys.jpg)
_bitcoin-soars-above-3671000-as-bank-of-canada-cuts-interest-rates-for-the-first-time-in-four-years.jpg)
_stack-on-ss-10-mb-e-10-gun-fully-convertible-security-safe-with-electronic-lock-matte-black-review.jpg)
_ftc-readies-antitrust-lawsuit-against-largest-us-alcohol-distributor-for-39secret-kickbacks39.jpg)
_oil-price-adjustment-june-4-2024-124-bt.jpg)
_buy-torras-upro-pstand-series-magsafe-compatible-phone-case-for-samsung-galaxy-s24-ultra-in-pakistan-at-dablew-pk.jpg)
![[+]](/images/menu.gif){kind=small}