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