_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 the mountain 2 turkish 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
![Fortunes Unveiled My Husband is a Big Shot [Hot Drama 2024]](https://cdn6.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KHREypGSwGzEKozWBIx9Epl9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_fortunes-unveiled-my-husband-is-a-big-shot-hot-drama-2024.webp "Fortunes Unveiled My Husband is a Big Shot [Hot Drama 2024]")
_second-malaysian-rescued-from-alaskan-mountain-another-perishes.webp "One of the two climbers trapped on an Alaskan mountain since Tuesday (May 28) has been rescued by a helicopter crew early Friday (May 31). But unfortunately, the other climber died in a snow cave while awaiting help, according to the US National Park Service.<br/><br/>Read more at https://shorturl.at/VwXxb<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_us-economic-growth-revised-down-to-1-3-in-q1-consumer-spending-slows.webp "US economic growth in the first quarter was revised down slightly from an initial estimate of 1.6% to 1.3% on an annualized basis. Consumer spending, a key driver of growth, increased slower than previously estimated as spending on goods declined. Inflation remained elevated above a 3% annual rate, driven partly by higher energy and food costs. Core inflation rose to 3.6%. Services spending growth remained solid at 3.9%, the strongest since mid-2021. The outlook remains uncertain as inflation exceeds the Fed's 2% target, potentially delaying planned rate cuts.")
_eva-mendes-drops-hollywood-to-build-her-cleaning-empire-124-forbes.webp "Eva Mendes put Hollywood on hold a decade ago to raise a family with Ryan Gosling. Now the 50-year-old actress is reemerging as a cleaning-supplies entrepreneur, and dishes on why doing dishes is her happy place. <br/><br/>To get to this blissful place in her life—where she spends most evenings finding happiness over the kitchen sink in her Southern California home, where she lives with 43-year-old actor Ryan Gosling and their two daughters—took years of hard work, a gene she says she got from her Cuban immigrant mother. From the time Mendes was a little girl, her mom would explain that freedom is when you make your own money.<br/><br/>Since performing in her last movie, 2014’s “Lost River,” Mendes has become a mother, fashion designer, children’s book author and the co-owner of a successful home cleaning goods startup, Skura Style. After taking an ownership stake in 2022, Mendes has helped Skura—which was founded in 2017 by Linda Sawyer and Alison Matz—expand its marketing reach and has even dabbled in product design. Forbes estimates the business brought in $7 million in revenue last year and is on track for $20 million in 2024.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/lifestyle/<br/><br/>0:00 Introduction<br/>0:31 “Freedom is Making Your Own Money”<br/>1:59 Becoming an Actress<br/>3:13 Hollywood: Expectation vs. Reality<br/>5:14 Business Isn’t Personal<br/>6:10 Working With Ryan Gosling<br/>6:41 Eva’s Most Challenging Role<br/>8:10 Taking a Break from Hollywood<br/>10:08 Motherhood is Creativity<br/>11:19 Joining Skura Style<br/>14:01 The Female Founder Space<br/>15:44 What Makes Skura Style Special<br/>18:20 Eva’s Newest Role: Co-Owner<br/>19:26 Eva Mendes X Skura Style Collection<br/>22:00 What’s Next for Skura Style<br/>23:20 Eva’s Legacy<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_01--f-a-t-e-f-u-l--n-i-g-h-t--w-i-t-h--m-y--b-0-s-s-final-full-movie-short-movie.webp "01_F_a_t_e_f_u_l _N_i_g_h_t _w_i_t_h _M_y_ B_0_s_s ( Final) Full Movie_short movie;One Fateful Night with My Boss;spoiled by my billionaire husband,billionaire romance,#billionaire,shop like a billionaire,beauty and the billionaire full movie,#action movie,#action movie 2023,#action movie full,#action movie new,#action movies,#movie free,#movie full,#movie on netflix,#movie you,#movies 2023,#movies full,#drama,#hot,#trending,#film hot,#film,#drama film,#drama korean,#drama china,#drama turkey,#movie,#movie hot,#dailymotion,#movie 2023,#2023,#movie 2024,#2024,#Ahsoka TV series,#YouTube,#us,#uk,#songs,#skidibi toilet,#sml,##spider-man,#sam and colby,#sleeping music for deep sleeping,#sidemen,#snl,#sssniperwofl,#salish matter,#spy ninjas,#movies,#videos,#lofilm,#lofilm eng sub,#lofilm movie,#love at first sight,#skibidi toilet,#spider-man,#sssniperwolf,#ssundee,#LOVE AT THE FIRST SIGHT #drama,#chinese drama,#cdrama,#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,#drama short film gang,#shorts,#short movie,#love At First Sight,#Married At First Sight")
⏲ 1:11:30 👁 17.2M
_i-kissed-a-girl-season-1-episode-10-the-reunion.webp "I Kissed a Girl - Season 1 Episode 10 The Reunion")
_deep-dive-0492-0692-2024-mostly-fine-in-the-south-met-office-weekly-weather-forecast-uk.webp "This is an in-depth Met Office UK Weather forecast for the next week and beyond.<br/> <br/>The weather turns colder this week - cold enough for mountain snow in Scotland. Bringing you this deep dive is Met Office meteorologist Aidan McGivern.<br/>")
⏲ 21:49 👁 2M
![Mr.Williams! Madame Is Dying Full [Hot Movie 2024]](https://cdn9.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KGmHlEmSwGIAaHSSUEJgzZl9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_mr-williams-madame-is-dying-full-hot-movie-2024.webp "Mr.Williams! Madame Is Dying Full [Hot Movie 2024]")
_fortunes-unveiled-my-husband-is-a-big-shot-hot-drama-2024.jpg)
_second-malaysian-rescued-from-alaskan-mountain-another-perishes.jpg)
_us-economic-growth-revised-down-to-1-3-in-q1-consumer-spending-slows.jpg)
_eva-mendes-drops-hollywood-to-build-her-cleaning-empire-124-forbes.jpg)
_01--f-a-t-e-f-u-l--n-i-g-h-t--w-i-t-h--m-y--b-0-s-s-final-full-movie-short-movie.jpg)
_i-kissed-a-girl-season-1-episode-10-the-reunion.jpg)
_deep-dive-0492-0692-2024-mostly-fine-in-the-south-met-office-weekly-weather-forecast-uk.jpg)
_mr-williams-madame-is-dying-full-hot-movie-2024.jpg)
![[+]](/images/menu.gif){kind=small}