_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 ছোদের 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
_ls-election-results-2024-sanjay-raut-extends-full-support-to-rahul-gandhi-to-become-prime-minister.webp "In a recent statement, Shiv Sena leader Sanjay Raut discussed the leadership and future prospects of the INDIA alliance. On the question of Rahul Gandhi being the prime ministerial candidate, Raut expressed full support, stating, \")
⏲ 3:41 👁 23M
![A Record Of Mortal’s Journey To Immortality 105 English Sub , <br/>A Record Of Mortal’s Journey To Immortality 105 Sub indo ,<br/>A Record Of Mortal’s Journey To Immortality Season 3 Episode 29 [105] English Sub || 凡人修仙105, <br/>A Record Of Mortal’s Journey To Immortality Season 3 Episode 29 [105] Sub Indo,<br/>](https://cdn6.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KHx5wqmSwHQS5p1N-nIMfIl9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_a-record-of-mortals-journey-to-immortality-episode-105-english-sub-124124-indo-sub.webp "A Record Of Mortal’s Journey To Immortality 105 English Sub , <br/>A Record Of Mortal’s Journey To Immortality 105 Sub indo ,<br/>A Record Of Mortal’s Journey To Immortality Season 3 Episode 29 [105] English Sub || 凡人修仙105, <br/>A Record Of Mortal’s Journey To Immortality Season 3 Episode 29 [105] Sub Indo,<br/>")
_travis-kelce-was-grilled-about-plans-to-propose-to-taylor-swift-during-awkward-moment.webp "Travis Kelce managed to dodge a question about proposing to his girlfriend Taylor Swift after actor/comedian Jason Sudeikis grilled him on his future plans in an awkward moment during a charity event over the weekend (01-02.06.24).")
_tim-burton-says-it-was-like-michael-keaton-was-92.webp "Michael Keaton left his co-stars and director stunned when he jumped back into playing Beetlejuice like it was yesterday.")
_a-case-of-love-blossom-in-the-southern-city-full-movie.webp "A Case Of Love Blossom in the Southern City Full Movie")
_nfl-upadte-wr-ceedee-lamb-not-in-attendance-at-cowboys-mandatory-minicamp.webp "Mandatory minicamp got underway at The Star in Frisco Texas for the Dallas Cowboys and CeeDee Lamb was not in attendance due to contract issues with the front office. Lamb is going into his fifth year with the Cowboys and he is waiting for his new contract that Jerry Jones and the Cowboys have yet to give him. <br/><br/>Lamb is coming off his best season yet, setting records in AT&T Stadium with 1,749 yards, the most of any Cowboys receiver since Michael Irvin. He had 135 receptions and 12 touchdowns in 2024. <br/><br/>In his career with the Cowboys Lamb has added up 395 receptions for 5,145 yards and 32 touchdowns. <br/><br/>Lamb did not come to day one of minicamp, it’s looking like he will miss the entirety of camp. Lamb will be fined each day for not showing up. For missing Monday he will be fined$16,953. He will be fined $33,908 for Wednesday and $50,855 if minicamp extends to a third day. In total if he misses all three days he will be fined $101,716. <br/><br/>$101,716 might sound like a lot to most Americans but when you’re fighting for $35 million a year, it’s not much in the eyes of Lamb. <br/><br/>The day prior to Minicamp starting Minnesota Vikings WR Justin Jefferson got signed to a four-year $140 million contract with $110 guaranteed. This contract gives Jefferson $35 million a year, and with Lamb easily the same caliber of player one could argue Lamb deserves the same or more. <br/><br/>His presence was definitely missed at minicamp and a lot of his teammates spoke highly of him post workout. RG Zack Martin was in a similar situation last season, he missed the first portion of training camp due to contract issues. He told us after minicamp on Monday that it’s part of the business, he said what is going on is between Lamb and the front office. He said he is not worried about his teammate and knows that Lamb has been working out and getting ready for the season, just not at the facility. <br/><br/>“I can’t think of anyone more deserving. I think he is the best receiver in the league.” Teammate Micah Parsons stated after minicamp day one. <br/><br/>Minicamp will continue on Wednesday and conclude on Thursday afternoon.")
_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.")
_anetha-we-love-green.webp "Anetha à We Love Green from ছোদের")
_ls-election-results-2024-sanjay-raut-extends-full-support-to-rahul-gandhi-to-become-prime-minister.jpg)
_a-record-of-mortals-journey-to-immortality-episode-105-english-sub-124124-indo-sub.jpg)
_travis-kelce-was-grilled-about-plans-to-propose-to-taylor-swift-during-awkward-moment.jpg)
_tim-burton-says-it-was-like-michael-keaton-was-92.jpg)
_a-case-of-love-blossom-in-the-southern-city-full-movie.jpg)
_nfl-upadte-wr-ceedee-lamb-not-in-attendance-at-cowboys-mandatory-minicamp.jpg)
_trisha-paytas-gives-birth-to-second-baby-daughter-elvis.jpg)
_anetha-we-love-green.jpg)
![[+]](/images/menu.gif){kind=small}