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The Business Standard

Tuesday
July 07, 2026

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TUESDAY, JULY 07, 2026

OPEC

OPEC

OPEC’s logo at its Vienna headquarters.Photographer: JOE KLAMAR/AFP via Getty Images

OPEC’s war chest for an energy transition is shrinking

Russia’s invasion of Ukraine was good for oil exporters, but not as good as it may at first appear.

OPEC oil ministers support new output cuts by Saudia Arabia, Russia, Algeria

OPEC oil ministers support new output cuts by Saudia Arabia, Russia, Algeria

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside its headquarters in Vienna, Austria, 7 December, 2018. Photo: Reuters

OPEC oil output posts small drop in June ahead of Saudi cut - Reuters survey

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/File Photo

OPEC withholds media access to Reuters, Bloomberg, WSJ for July event

Photo: Reuters

Oil heads for weekly gain as supply cuts balance demand concerns

FILE PHOTO: General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah

Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024

An employee holds a sample of crude oil at the Yarakta oilfield, owned by Irkutsk Oil Co, in the Irkutsk region, Russia on 11 March, 2019. REUTERS/Vasily Fedosenko/File Photo

Oil prices up after bullish Saudi comments, falling US stockpiles

What a real oil shock looks like: Lining up for gas in Boston in 1973. Photographer: Spencer Grant/Getty

OPEC's rerun of 'That 70s Show' is losing its edge

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+ cuts put $100/bbl oil back in sight

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base

Oil ticks up as US inflation cools, but prices set for monthly drop

Representational image. Photo: Collected

India's Russian oil binge drags down OPEC's share to lowest in 2022

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

OPEC sticks to 2022, 2023 oil demand growth forecasts after downgrades

U.S. climate envoy John Kerry gestures during a meeting with Russian Foreign Minister Sergei Lavrov (not pictured) in Moscow, Russia July 12, 2021. Dimitar Dilkoff/Pool via REUTERS/file photo

US climate envoy Kerry hails holding COP28 conference in OPEC member UAE

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