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The Business Standard

Thursday
July 16, 2026

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THURSDAY, JULY 16, 2026

OPEC

OPEC

Pump jacks pump oil at an oil field on the shores of the Caspian Sea in Baku, Azerbaijan, October 5, 2017. REUTERS/Grigory Dukor

Oil sinks about 4% after weak factory data sparks demand concerns


A gas pump is seen hanging from the ceiling at a petrol station in Seoul June 27, 2011. REUTERS/Jo Yong-Hak

Top US energy envoy expects further steps from OPEC producers on supplies

An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS

Oil rises 2% as no immediate Saudi output boost expected

U.S. national security adviser Jake Sullivan speaks to reporters during a press briefing at the White House in Washington, U.S., July 11, 2022. REUTERS/Kevin Lamarque

Biden will push for greater oil output on Mideast trip: WH security adviser

FILE PHOTO: OPEC Secretary General Mohammad Barkindo attends a session of the Russian Energy Week International Forum in Moscow, Russia October 14, 2021. REUTERS/Maxim Shemetov/File Photo

OPEC secretary general Barkindo dies unexpectedly at 63

OPEC+ mulls when to fire its last oil production bullets

OPEC+ mulls when to fire its last oil production bullets

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina

OPEC sees global oil demand growth slowing in 2023, sources say

 A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture Photo: Reuters

Oil prices skid $3 a barrel as investors take profits ahead of OPEC+ meeting

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan 13 November, 2021. REUTERS/Pavel Mikheyev

Oil turns higher on looming EU ban on Russian oil

A person operates a tap of crude oil during the destruction of Bakana ii illegal camp, in Okrika, Rivers state, Nigeria January 28, 2022. REUTERS/Afolabi Sotunde

Nigeria and Angola responsible for almost half of OPEC+ oil supply gap

 A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture Photo: Reuters

US Senate committee passes antitrust bill pressuring OPEC

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina

OPEC tells EU it's not possible to replace potential Russian oil supply loss

Smoke and flames rise from a Saudi Aramco oil facility in Jeddah.Source: -/AFP/Bloomberg

OPEC wants Russia as an oil ally, in peace and in war

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