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The Business Standard

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July 12, 2026

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SUNDAY, JULY 12, 2026

OPEC

OPEC

Oil pump jacks work at sunset near Midland, Texas, US, August 21, 2019. Picture taken August 21, 2019/ Reuters

Energy hungry Europe can't look to US shale to fill any OPEC gap

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

Iraqi oil minister says OPEC members committed to agreed production rates

Models of oil barrels and a pump jack are seen in front of displayed EU and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Oil dips 1.5% ahead of OPEC+ meeting, EU Russian oil ban

Is OPEC+ about to cut oil output again? don’t rule it out

Is OPEC+ about to cut oil output again? don’t rule it out

A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee/File Photo

Oil prices slide on China Covid worries, cut in OPEC demand outlook

Opec+ decision to cut oil prices: Is the US-Saudi marriage on the rocks?

Opec+ decision to cut oil prices: Is the US-Saudi marriage on the rocks?

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Photo: REUTERS

World is in its 'first truly global energy crisis': IEA's Birol

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

US says Russia oil price cap will not be aimed at OPEC

Joe Biden, who once supported a similar bill as Senator, has said he’s ready to work with Congress to curb OPEC influence. Photo: Bloomberg

Making Opec+ subject to US antitrust law will backfire

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

OPEC+ members line up to endorse output cut after US coercion claim

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel

OPEC cuts 2022, 2023 oil demand growth view as economy slows

U.S. President Joe Biden delivers remarks and signs documents endorsing Finland's and Sweden's accession to NATO, in the East Room of the White House, in Washington, U.S., August 9, 2022. REUTERS/Evelyn Hockstein/File Photo

Biden vows consequences for Saudi Arabia after OPEC decision

Union petroleum minister Hardeep Singh Puri. (ANI)

OPEC+ move will impact global prices, says India

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