_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 spell site 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
_whichspellswork-top-real-magic-spells-website-latest-adults-only.webp "Magic Spells Miracles")
_spell-check-all-pages-in-a-website-explained.webp "Webmaster Tools")
_tour-of-bendigo-mosque-building-site-on-june-7-2024.webp "Premier Jacinta Allan and member for Bendigo West Maree Edwards tour the Bendigo Islamic Community Centre building site and announce 400,000 grant.")
_how-words-can-be-used-as-magic-spells.webp "Sehnend")
_sarah-ferguson-would-love-to-be-on-bridgerton.webp "<p>Sarah Ferguson has said she would love to be on Bridgerton.</p><br/><p>Credit: @GMB via X</p>")
_spell-check-your-site-online-with-respelt-com.webp "respeltcom")
_spell-check-your-website-124-websiteoptimization-com.webp "Website Optimization, LLC")
_apotheosis-bai-lian-cheng-shen-s2-ep-80-eng-sub.webp "Zen Luo, who is now a menial slave, used to be a young master of a big family, owing to the decline of his family, his sister is imprisoned by a strong force, he has no choice but to be at others’ service. However, Every cloud has a silver lining, The ancient book left by his father actually conceals the magical spell, which can change a human into an instrument! What’s the mysterious power behind all these? This is contest with fate.<br/>")
_whichspellswork-top-real-magic-spells-website-latest-adults-only.jpg)
_spell-check-all-pages-in-a-website-explained.jpg)
_tour-of-bendigo-mosque-building-site-on-june-7-2024.jpg)
_how-words-can-be-used-as-magic-spells.jpg)
_sarah-ferguson-would-love-to-be-on-bridgerton.jpg)
_spell-check-your-site-online-with-respelt-com.jpg)
_spell-check-your-website-124-websiteoptimization-com.jpg)
_apotheosis-bai-lian-cheng-shen-s2-ep-80-eng-sub.jpg)
![[+]](/images/menu.gif){kind=small}