_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 bad 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
_9234bad-news9234-tom-macdonald-amp-madchild-ft-nova-rockafeller.webp "Tom MacDonald")
_kehlani-bad-news-official-audio.webp "Kehlani")
_missing-french-teen-lina-her-mother-troubled-by-her-39bad-reputation39-which-she-is-39only-now-discovering39.webp "Missing French teen Lina: her mother troubled by her 'bad reputation', which she is 'only now discovering' from bad news")
⏲ 1:1 👁 8.4M
_bad-news-124-your-boyfriend-died-boo-kapone-vs-kraig-smith-124-all-def.webp "All Def")
_watch-will-smith-and-martin-lawrence-dishes-about-the-iconic-39reggie-moment39-from-bad-boy39s-ii.webp "Will Smith and Martin Lawrence takes us back to the 'Reggie' moment from Bad Boys II.")
⏲ 1:13 👁 96.1M
_kiss-of-life-bad-news-lyrics-color-coded-lyrics.webp "Chaereve")
_mayweather-ceo-drops-bombshell-regarding-floyd39s-arrest.webp "BOXR")
_watch-will-smith-perform-an-insane-action-scene-for-bad-boys-ride-or-die.webp "Step into the adrenaline-fueled realm of Bad Boys: Ride or Die as we delve deep into a spectacular action sequence led by the incomparable Will Smith. Directed by the dynamic duo Adil & Bilall, this behind-the-scenes exploration offers an exclusive peek into the meticulous craftsmanship and electrifying choreography that define the heart-pounding thrills of the film. Get ready to buckle up for an immersive journey into the pulse-pounding world of high-stakes action, where every twist and turn catapults audiences into the heart of the action-packed mayhem orchestrated by Hollywood's finest.<br/><br/>Bad Boys: Ride or Die Cast:<br/><br/>Will Smith, Martin Lawrence, Vanessa Hudgens, Alexander Ludwig, Paola Núñez, DJ Khaled, Jacob Scipio, Eric Dane, Ioan Gruffudd, Rhea Seehorn and Joyner Lucas<br/><br/>Bad Boys: Ride or Die will hit theaters June 7, 2024!")
_9234bad-news9234-tom-macdonald-amp-madchild-ft-nova-rockafeller.jpg)
_kehlani-bad-news-official-audio.jpg)
_missing-french-teen-lina-her-mother-troubled-by-her-39bad-reputation39-which-she-is-39only-now-discovering39.jpg)
_bad-news-124-your-boyfriend-died-boo-kapone-vs-kraig-smith-124-all-def.jpg)
_watch-will-smith-and-martin-lawrence-dishes-about-the-iconic-39reggie-moment39-from-bad-boy39s-ii.jpg)
_kiss-of-life-bad-news-lyrics-color-coded-lyrics.jpg)
_mayweather-ceo-drops-bombshell-regarding-floyd39s-arrest.jpg)
_watch-will-smith-perform-an-insane-action-scene-for-bad-boys-ride-or-die.jpg)
![[+]](/images/menu.gif){kind=small}