_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 stock price time 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
_opec-extends-oil-production-cuts-raising-concerns-of-higher-global-prices-here39s-why-that-could-spell-bad-news-for-the.webp "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.")
_gamestop-stock-set-to-explode-up-on-roaring-kitty-livestream-what-you-need-to-know-right-now.webp "Stock Moe")
⏲ 15 minutes 12 seconds 👁 6.7K
_36100000000-profit-on-gamestop-you-need-to-see-this-right-away-amc-stock-price.webp "Stock Moe")
⏲ 12 minutes 23 seconds 👁 11.5K
_food-imposters-the-lies-we-eat.webp "Hey there, foodies! You won't believe how many foods we eat are total imposters. Take crab sticks, for example – they’re actually made from white fish and flavoring, not crab. And that \")
_how-is-the-stock-price-determined-124-stock-market-for-beginners-part-1-124-lumovest.webp "Lumovest")
⏲ 12 minutes 29 seconds 👁 457.3K
_how-the-fortunes-of-america39s-richest-self-made-women-grew-to-a-record-36154-billion.webp "It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion and the minimum to make the list jumped more than 35%. <br/><br/>The country’s most successful women have found dozens of ways to prosper. Nearly three-fourths of the 100 women on the list started or confounded a company, while 22 are chief executives or co-chief executives. A healthy stock market helped push the combined fortunes of members of Forbes’ tenth annual list of America’s Richest Self-Made Women to a record $154 billion, up nearly 25% from last year. The minimum to qualify rose to $300 million, up from $225 million last year, the highest since Forbes started tracking the top 100 in 2020. Seventy-three members are richer than they were in 2023, while just ten saw their fortunes fall. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kerryadolan/2024/05/28/a-record-year-for-americas-richest-self-made-women-2024/?sh=6461d697ef63<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_you-care-way-too-much-about-your-dividend-stock-price.webp "The Average Joe Investor")
_gamestop-stock-short-squeeze-live-12m-more-gme-shares-for-roaring-kitty-earnings-dilution.webp "Moon Market")
⏲ 7 hours 46 minutes 49 seconds 👁 154.8K
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(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!)
_gamestop-stock-set-to-explode-up-on-roaring-kitty-livestream-what-you-need-to-know-right-now.jpg)
_36100000000-profit-on-gamestop-you-need-to-see-this-right-away-amc-stock-price.jpg)
_food-imposters-the-lies-we-eat.jpg)
_how-is-the-stock-price-determined-124-stock-market-for-beginners-part-1-124-lumovest.jpg)
_how-the-fortunes-of-america39s-richest-self-made-women-grew-to-a-record-36154-billion.jpg)
_you-care-way-too-much-about-your-dividend-stock-price.jpg)
_gamestop-stock-short-squeeze-live-12m-more-gme-shares-for-roaring-kitty-earnings-dilution.jpg)
❮❯
1 / 10
2 / 10
Play 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!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}