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The Business Standard

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October 04, 2026

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SUNDAY, OCTOBER 04, 2026

OPEC

OPEC

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside its headquarters in Vienna, Austria, 7 December, 2018. Photo: Reuters

OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say

The OPEC producer group did ​not respond immediately to a request for comment.

Satellite image shows damage to the East-West pipeline facility in the Hejaz Region, Saudi Arabia, on 11 September, 2026. 2026

Saudi pipeline outage threatens loss of 4% of global oil supply

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside its headquarters in Vienna, Austria, 7 December, 2018. Photo: Reuters

OPEC+ keeps oil output policy unchanged for October

Opec+ tipped to raise production again but new quotas loom

Opec+ tipped to raise production again but new quotas loom

FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters ahead of the OPEC and NON-OPEC meeting, Austria December 6, 2019. REUTERS/Leonhard Foeger

OPEC+ approves fourth oil output quota hike since Hormuz closure

For now, it seems the Russia-Saudi alliance will focus on oil. Photo: REUTERS

Russia and Saudi Arabia draw closer amid OPEC upheaval

Illustration: Ashrafun Naher Ananna/TBS Creative

Leading crude oil producers among Opec members in 2025

The UAE flag flies over a boat at Dubai Marina, Dubai, United Arab Emirates. File Photo: Ahmed Jadallah/Reuters

UAE exits Arab oil exporter group OAPEC

The UAE flag flies over a boat at Dubai Marina, Dubai, United Arab Emirates. File Photo: Ahmed Jadallah/Reuters

Not by oil alone: the message from the UAE’s exit from OPEC

A model of an oil pump is seen in front of a Russian flag in this illustration taken January 9, 2026. Photo: Reuters

Russia says OPEC+ will continue after UAE exit, no price war expected

What the UAE’s departure from OPEC means for global oil markets

What the UAE’s departure from OPEC means for global oil markets

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside its headquarters in Vienna, Austria, 7 December, 2018. Photo: Reuters

What UAE’s exit from OPEC means for global oil markets

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration

UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

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