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The Business Standard

Thursday
July 23, 2026

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THURSDAY, JULY 23, 2026

OPEC+

OPEC+

File Photo: Reuters

Oil dips on deflated US interest rate cut expectations, OPEC+ decision

Brent crude futures settled 25 cents lower at $79.62 a barrel, while US West Texas Intermediate crude (WTI) fell 2 cents to $75.53

OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants

OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants

Brazil's President Luiz Inacio Lula da Silva attends a news conference, in Montevideo, Uruguay, January 25, 2023. File Photo: REUTERS/Mariana Greif

Brazil's Lula, environmentalist... and oil champion

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

Russian President Vladimir Putin is welcomed by Minister of Foreign Affairs of the United Arab Emirates Sheikh Abdullah bin Zayed bin Sultan Al Nahyan upon arrival at the Abu Dhabi International Airport, United Arab Emirates December 6, 2023. Sputnik/Andrey Gordeev/Pool via REUTERS

Putin, flanked by Russian fighters, jets into Middle East to meet Saudi's MbS

FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) on a flag at the oil producer group's headquarters in Vienna, Austria, December 7, 2018. REUTERS/Leonhard Foeger/File Photo

Opec+ sees healthy growing global economy, despite inflation

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 leaders make case for fossil fuels at Riyadh climate event

Storage tanks and trucks at the Imperial refinery in Edmonton, Alberta, Canada..Photographer: Jason Franson/Bloomberg

The 'Peak Oil' sequel comes with a new twist

Emptier than we thought.Photographer: SeongJoon Cho/Bloomberg

Oil industry elite hits Singapore to debate crude’s next twist

File Photo: Reuters

Oil rally takes a breather ahead of Fed, ECB rate hikes

File Photo: Kremlin spokesman Dmitry Peskov attends a joint news conference in Moscow, Russia February 18, 2022. Sputnik/Sergey Guneev/Kremlin via REUTERS

Russia, OPEC+ to continue ensuring fair prices on energy markets: Kremlin Spokesman

Photo: Reuters

Oil heads for weekly gain as supply cuts balance demand concerns

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022. REUTERS Ahmed Yosri

Saudi Energy Min: OPEC+ working against 'uncertainties and sentiment'

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