_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 bg exploration and production india ltd 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
_with-bg-acquisition-shell-gets-an-edge-in-indias-lng-market.webp "Mint")
_couple-quit-39corporate39-life-and-spend-decade-travelling-90k-miles-in-motorhome.webp "A couple quit their 'corporate' life for a 'grown-up gap year' travelling Europe in a motorhome - and are still going a decade and 90,000 miles later.<br/><br/>Karen, 56, and Myles Davies, 57, - aka The Motoroamers - have visited 27 countries in their vehicle 'Scoobie'.<br/><br/>They set off in 2016 and are able to work while travelling spending around £1,500 to £2K a month - their previous home rental cost them £1,350 alone.<br/><br/>The couple decided to set off through Europe for a planned 'gap year'.<br/><br/>But they loved the new lifestyle so much that they wanted to keep going and have used Scoobie as their forever home ever since.<br/><br/>Now with 90,000 miles under their belt, and despite two engines later, the venturesome couple have explored 'every compass angle' through Europe.<br/><br/>They have covered 27 countries from Norway to Portugal, Romania, the Sahara desert of Morocco and 'most places in between'. <br/><br/>Karen, who works as a yoga coach, travel writer and author of leadership and personal development ebooks, said: \")
_upstream-oil-amp-gas-exploration-and-production.webp "Veolia Water Technologies u0026 Solutions")
_ongc-an-indian-saga-of-oil-exploration.webp "WildFilmsIndia")
_oil-exploration-and-production-market-in-india-2014-2018.webp "Sophia Jones")
_life-amp-work-in-extreme-conditions-this-is-why-offshore-oil-rig-workers-earn-so-much-money.webp "Nauctis")
⏲ 10 minutes 30 seconds 👁 2.9M
![#jaannisar #hibabukhari#danishtaimoor <br/><br/> Jaan Nisar Episode 15 - [Eng Sub] - Digitally Presented by Happilac Paints - Danish Taimoor - Hiba Bukhari - Haroon Shahid - 9th June 2024 - Har Pal Geo (Review)<br/><br/>Coutesy: HAR PAL GEO<br/><br/>Hello I am a Voice over Artist, I'll give you Pakistani Drama Reviews and exclusive discussion about dramas, if you want to follow me then Subscribe to my youtube channel Reviews with Alisha Pari and Stay updated.<br/><br/>Copyright Disclaimer: <br/><br/>The Use Of This Title and pictures Given In This Video Under The Fair Usage Policy For Review Of Drama That Allows To Use For Comments, Entertainment And Positive Criticism Purpose Qualifies As Fare Use Under US Copyright Law Because These Are <br/><br/>1) Non Commercial <br/>2) Transformative In Nature <br/>3) Does Not nagetively influenced The Original Content<br/><br/>Copyright Disclaimer Under Section 107 of the Copyright Act 1986, remittance is made for \](https://cdn5.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KHaWyImSwHRkhBJAVK_H1El9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_jaan-nisar-ep-15-eng-sub-digitally-presented-by-happilac-paints-9th-june-2024-review.webp "#jaannisar #hibabukhari#danishtaimoor <br/><br/> Jaan Nisar Episode 15 - [Eng Sub] - Digitally Presented by Happilac Paints - Danish Taimoor - Hiba Bukhari - Haroon Shahid - 9th June 2024 - Har Pal Geo (Review)<br/><br/>Coutesy: HAR PAL GEO<br/><br/>Hello I am a Voice over Artist, I'll give you Pakistani Drama Reviews and exclusive discussion about dramas, if you want to follow me then Subscribe to my youtube channel Reviews with Alisha Pari and Stay updated.<br/><br/>Copyright Disclaimer: <br/><br/>The Use Of This Title and pictures Given In This Video Under The Fair Usage Policy For Review Of Drama That Allows To Use For Comments, Entertainment And Positive Criticism Purpose Qualifies As Fare Use Under US Copyright Law Because These Are <br/><br/>1) Non Commercial <br/>2) Transformative In Nature <br/>3) Does Not nagetively influenced The Original Content<br/><br/>Copyright Disclaimer Under Section 107 of the Copyright Act 1986, remittance is made for \")
⏲ 33:48 👁 2.5M
_above-majestic-full-movie-the-secret-space-program-and-more.webp "UNIDENTIFIED")
⏲ 2 hours 12 minutes 37 seconds 👁 1.7M
_with-bg-acquisition-shell-gets-an-edge-in-indias-lng-market.jpg)
_couple-quit-39corporate39-life-and-spend-decade-travelling-90k-miles-in-motorhome.jpg)
_upstream-oil-amp-gas-exploration-and-production.jpg)
_ongc-an-indian-saga-of-oil-exploration.jpg)
_oil-exploration-and-production-market-in-india-2014-2018.jpg)
_life-amp-work-in-extreme-conditions-this-is-why-offshore-oil-rig-workers-earn-so-much-money.jpg)
_jaan-nisar-ep-15-eng-sub-digitally-presented-by-happilac-paints-9th-june-2024-review.jpg)
_above-majestic-full-movie-the-secret-space-program-and-more.jpg)
![[+]](/images/menu.gif){kind=small}