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The Business Standard

Thursday
July 23, 2026

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THURSDAY, JULY 23, 2026

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...

Oil tankers the Yamilah III and the Bow Gemini are seen anchored in New York Harbor in New York City, US, May 24, 2022. Photo: REUTERS/Brendan McDermid/File Photo

Oil rises as investors return from holidays, eye China recovery

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil prices fall on supply glut fears despite OPEC+ output cut extension

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Oil prices inch up on geopolitical tensions, OPEC+ supply plans

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 nudge higher ahead of OPEC+ meeting

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 prices steady with focus on Israel-Hezbollah ceasefire, OPEC+ policy

Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company's Los Angeles Refinery in Carson, California, US, March 11, 2022. Picture taken with a drone. Photo: REUTERS/Bing Guan/File Photo

Oil gains more than $1 after OPEC+ delays output hike

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+ could delay December oil output hike

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

A drone view shows flames emerging from flare stacks at Nahr Bin Umar oil field, in Basra, Iraq June 30, 2024. Photo: REUTERS/Mohammed Aty/File Photo

Iraqi oil output was below OPEC+ quota in September: government official

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

Russian Foreign Ministry Sergey Lavrov. Photo: UNB/AP

Russia's Lavrov, Saudi crown prince discuss OPEC+ cooperation: Russia

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