Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Více
The extension of production output cut from big oil producing countries caused the oil prices to... Více
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Více
The Trump administration has already started the first part of its renegotiations with regards to... Více
The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Více
The Australian currency was able to enter again the positive grounds followed by an increase in... Více
The Trump administration has recently informed its senators that it is now considering enforcing... Více
The household debt climbed to an all-time high that affects spending and inflation that moved... Více
Brazil’s central bank is interested in implementing regulations to the FinTech sector to provide s... Více
The April reading for the US industrial production data recorded a significant surge compared to... Více
Talks between Australia and Hong kong are set to discuss the free trade agreement and negotiate... Více
Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its... Více
The International Monetary Fund says that Germany should consider loosening up and boost its... Více
The export data of Thailand for first quarter moved at its most rapid “quarterly pace” in the ... Více
A highly positive retail sales data for the US economy has further reaffirmed speculations that... Více
The economy of China further provided below-expected results of its economic indicators as the... Více
For the first quarter of 2017, the German economy is performing well, pushed by construction... Více
In a data released by the United Nations Economic and Social Survey of Asia and the Pacific earlier... Více
India’s inflation rate narrowed down because of lower food prices for the month of April. However, t... Více
The household debt of Ireland had collapsed for more than 20 times which appeared to be much apace... Více
ECB’s Mario Draghi and Dutch lawmakers from The Hague are now in conflict following discussions on ... Více
The International Monetary Fund issued a regional forecast for India this month and predicted that... Více
The Bitcoin attained a record high on Tuesday because of an upsurge demand for crypto-assets and... Více
President Trump has fired FBI Director James Comey yesterday in a sudden turn of events in the... Více
The common European currency tumbled on Monday from its highs due to the triumph of centrist wing... Více
The US economy’s long-term interest rates could be in for an upward pressure in the long haul as t... Více
Both imports and exports of China soared in April but were below expectations of analysts since... Více
Khalid Al-Falih, oil minister of Saudi Arabia showed confidence with regards to the deal to limit... Více
The US Labor Department has released its US job report for April, wherein it indicated that... Více
The central bank of Australia made some slight changes in its GDP rate and inflation projection... Více
The growth of annual exports in March has been sluggish as shown in the government data released on... Více
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