Authors: Leonard Herchen & Yuchen Wang Overview Q2 2025 certainly delivered no shortage of headline drama when Wall Street’s ...

The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...

BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...

Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August.

Russia's oil exports have plummeted to five-year lows, raising concerns over sustainable production, as per the latest IEA ...

Watt’s Happening aims to provide breaking news, sharp analysis, and thoughtful commentary from the cutting edge of the energy ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

Oil prices are under pressure, despite OPEC+ reportedly nearing the end of its supply hikes. Trump's talk of a “major” Russia ...

For now, though, the market remains relatively tight through the northern hemisphere summer." "Meanwhile, the International Energy Agency (IEA) is scheduled to release its latest monthly Oil market ...

According to the International Energy Agency, the target production level of OPEC+ countries under the deal, taking into account voluntary reductions and compensations for overproduction, was 34.39 ...