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The Business Standard

Friday
October 17, 2025

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FRIDAY, OCTOBER 17, 2025

OPEC

OPEC

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

OPEC+ to proceed with planned April oil output hike

The increase is the first since 2022 from OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and other allies. Oil was trading 2% lower towards $71 a barrel at...

Libya's Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in Tripoli, Libya January 18, 2025. Photo: REUTERS/Ahmed Elumami

Libya needs $3-4 billion to boost oil production, bidding round expected soon: oil minister

A model of an oil pump and oil barrels jack is seen in front of Russian and Indian flags in this illustration taken, December 9, 2022. Photo: REUTERS/Dado Ruvic/Illustration

Indian state refiners may buy Mideast spot oil to replace Russian shortfall

OPEC+ extends oil supply cuts through March

OPEC+ extends oil supply cuts through March

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

OPEC cuts 2024, 2025 global oil demand growth view again

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo: REUTERS/Drone Base/File Photo

Oil falls 3% as concerns ease on potential Iran supply disruption

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

Oil prices jump more than $1 as Middle East tensions escalate

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

Oil prices rise on Middle East conflict fears as Israel steps up attacks

Representational image. Photo: Bloomberg

Oil steady as investors eye US inflation, OPEC report

Dhaka Ahsania Mission wins OPEC Fund Annual Award

Dhaka Ahsania Mission wins OPEC Fund Annual Award

OPEC’s logo at its Vienna headquarters.Photographer: JOE KLAMAR/AFP via Getty Images

Opec cuts are tightening the oil market

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, August 21, 2015. REUTERS/Heinz-Peter Bader

Angola says it is leaving OPEC

A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic

Waning influence of OPEC+ in spotlight as prices flag

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