_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 coronation street 13th september 2021 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
_opec-extends-oil-production-cuts-raising-concerns-of-higher-global-prices-here39s-why-that-could-spell-bad-news-for-the.webp "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.")
_coronation-street-13-september-2019.webp "Elisha")
_coronation-street-13-september-2017.webp "Elisha")
_hot-the-double-life-of-a-billionaire-heiress.webp "The Double Life of a Billionaire Heiress Full<br/>Please follow the channel to see more interesting videos!<br/>If you like to Watch Videos like This Follow Me You Can Support Me By Sending cash In Via Paypal>> https://paypal.me/countrylife821 <br/>")
_coronation-street-imran-and-toyah-visits-kelly-at-her-hospital-bedside-13th-september-2021.webp "MegaSoapsFan2020")
⏲ 3 minutes 52 seconds 👁 13.6K
_baldurs-gate-3-will-be-getting-official-modding-tools-in-september.webp "Following an alpha test - which starts today (03.06.24) -and a closed beta in July, Larian Studios will be adding an official modding toolkit to 'Baldur's Gate 3'")
_coronation-street-imran-finds-out-about-kelly39s-attempts-suicide-13th-september-2021.webp "MegaSoapsFan2020")
⏲ 3 minutes 30 seconds 👁 19.9K
_coronation-street-13-september-2013.webp "Elisha")
_coronation-street-13-september-2019.jpg)
_coronation-street-13-september-2017.jpg)
_hot-the-double-life-of-a-billionaire-heiress.jpg)
_coronation-street-imran-and-toyah-visits-kelly-at-her-hospital-bedside-13th-september-2021.jpg)
_baldurs-gate-3-will-be-getting-official-modding-tools-in-september.jpg)
_coronation-street-imran-finds-out-about-kelly39s-attempts-suicide-13th-september-2021.jpg)
_coronation-street-13-september-2013.jpg)
![[+]](/images/menu.gif){kind=small}