_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 eadsy stock price today 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
_live-stocks-to-buy-shares-sectors-124-et-now-swadesh.webp "ET Now Swadesh")
_sanjiv-bhasin-top-picks-call-bhasin-ke-haseen-share-today-bhasin-latest-stock-bhasin-today-analysis.webp "S B Stock News")
⏲ 2 minutes 4 seconds 👁 5.8K
_ramoji-rao-net-worth-124-ramoji-film-city-to-etv-network-and-other-business-amp-income-reveal-124-boldsky.webp "Ramoji Rao Net Worth : रामोजी ग्रुप के फाउंडर रामोजी राव का आज तड़के निधन हो गया। उन्होंने हैदराबाद के प्रसिद्ध रामोजी फिल्म सिटी की स्थापना की थी। उनका मीडिया इंडस्ट्री में अच्छी खासी दखल है। साथ ही वह फिल्मों के प्रोडक्शन से भी जुड़े हुए हैं। यहां हम बता रहे हैं रामोजी राव का नेटवर्थ। साथ ही बता रहे हैं कि उनकी आमदनी का स्रोत क्या था। <br/> <br/>Ramoji Rao Net Worth: Ramoji Rao, founder of Ramoji Group, passed away early today. He established the famous Ramoji Film City in Hyderabad. He has a significant influence in the media industry. He is also associated with the production of films. Here we are telling the net worth of Ramoji Rao. Also telling what was their source of income. <br/> <br/> <br/>#RamojiRao #RamojiFilmCity #entertainment <br/><br/>~PR.115~HT.318~ED.118~")
⏲ 3:2 👁 8.3M
_the-gamestop-game-explained.webp "Stockscores")
_targeted-subsidies-will-save-the-country-says-pm.webp "Prime Minister Datuk Seri Anwar Ibrahim has defended the government's decision to implement targeted subsidies, saying that it was done to save the country.<br/><br/>Read more at https://shorturl.at/wKXmf <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_top-97-bonus-split-amp-dividend-stocks-in-2024-124-bonus-shares-124-split-share-124-dividend-stocks-2024.webp "The Engineer's Trade")
⏲ 9 minutes 59 seconds 👁 7.7K
_voda-idea-amp-igl-share-level-buy-or-sell-etnow-swadesh.webp "ET Now Swadesh")
⏲ 8 minutes 27 seconds 👁 556
_why-colonizing-space-is-a-terrible-idea.webp "Let's talk about why colonizing space might not be as cool as it sounds. First off, space is a harsh and unforgiving environment – think extreme radiation, no air, and freezing temperatures. Then there's the insane cost and logistics of getting people and supplies to other planets; it's not like we can just hop on a bus! Plus, long-term space travel can seriously mess with your body, from muscle loss to bone deterioration. Lastly, there's the ethical dilemma of potentially disrupting any existing ecosystems or life forms out there. <br/>Credit:<br/>John H. Disher: By NASA, https://commons.wikimedia.org/w/index.php?curid=15716184<br/>Eugene F. Kranz: By NASA/Adam Cuerden, https://commons.wikimedia.org/w/index.php?curid=50107768<br/>L4-478 Scout: By NASA Langley Research Center / NASA, Carson, https://commons.wikimedia.org/w/index.php?curid=138026411<br/>Animation is created by Bright Side.<br/><br/>#brightside <br/><br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/ <br/><br/>Listen to Bright Side on: <br/>Spotify - https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/>Apple Podcast - https://podcasts.apple.com/podcast/idhttps-podcasts-apple-com-podcast-bright-side/id1554898078<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook - https://www.facebook.com/brightside/<br/>Instagram - https://www.instagram.com/brightside.official/<br/>Tik Tok - https://www.tiktok.com/@brightside.official?lang=en<br/>Snapchat - https://www.snapchat.com/p/c6a1e38a-bff1-4a40-9731-2c8234ccb19f/1866144599336960<br/><br/>Stock materials (photos, footages and other):<br/> https://www.depositphotos.com <br/>https://www.shutterstock.com <br/>https://www.eastnews.ru <br/>----------------------------------------------------------------------------------------<br/>For more videos and articles visit: http://www.brightside.me")
_live-stocks-to-buy-shares-sectors-124-et-now-swadesh.jpg)
_sanjiv-bhasin-top-picks-call-bhasin-ke-haseen-share-today-bhasin-latest-stock-bhasin-today-analysis.jpg)
_ramoji-rao-net-worth-124-ramoji-film-city-to-etv-network-and-other-business-amp-income-reveal-124-boldsky.jpg)
_the-gamestop-game-explained.jpg)
_targeted-subsidies-will-save-the-country-says-pm.jpg)
_top-97-bonus-split-amp-dividend-stocks-in-2024-124-bonus-shares-124-split-share-124-dividend-stocks-2024.jpg)
_voda-idea-amp-igl-share-level-buy-or-sell-etnow-swadesh.jpg)
_why-colonizing-space-is-a-terrible-idea.jpg)
![[+]](/images/menu.gif){kind=small}