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The Business Standard

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June 08, 2025

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SUNDAY, JUNE 08, 2025

OPEC

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

OPEC+ sticks to plan for gradual output hike, oil price roars higher

"We are scared of the fourth wave of corona, no one wants to make any big moves"

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo
World+Biz

Oil falls ahead of OPEC+ supply policy meeting

A sign informs customers that fuel has run out at a petrol station in Hemel Hempstead, Britain, September 29, 2021. REUTERS/Matthew Childs/File Photo
World+Biz

Global energy shortage or a coincidence of regional crises?


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

Oil falls after OPEC+ sticks to raising supply amid demand doubts

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
Global Economy

OPEC+ raises 2022 oil demand growth forecast

A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver/File Photo
Global Economy

Oil falls as US refiners shut down by damage from Hurricane Ida

Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan receives Saudi Crown Prince Mohammed bin Salman at the Presidential Airport in Abu Dhabi, United Arab Emirates November 27, 2019. Photo :Reuters
Middle East

OPEC disagreement lays bare growing UAE-Saudi economic rivalry

From left to right: UAE Crown Prince Mohammed bin Zayed and Saudi Crown Prince Mohammed bin Salman.
Analysis

High-stakes oil diplomacy puts future of OPEC+ deal at risk

The Royal Dutch Shell logo is seen at a Shell petrol station in London, January 31, 2008.  Photo :Reuters
Global Economy

OPEC, Russia seen gaining more power with Shell Dutch ruling

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020/ Reuters
Global Economy

Oil prices dip after OPEC+ agree to ease output cuts

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy

A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. Reuters/Sivaram V
Global Economy

India readies Saudi oil import cut as stand-off escalates

Photo: Bloomberg/ Bartek Sadowski
Global Economy

Oil prices rebound as US House passes huge stimulus bill

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