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
Syria wants to join the BRICS and has already applied for membership. The issue of further... Read More
The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support... Read More
Chinese companies intend to raise up to $10-15 billion through offshore bonds this quarter.Such an... Read More
Oil prices on Friday showed the largest weekly increase in more than a year, helped by heightened... Read More
Diamond exports from Russia may decrease by 17%, reaching $3.19 billion. This is facilitated by a... Read More
The SWIFT international system plans to start testing transactions with tokenized assets and... Read More
Oil prices continue to rise after yesterday's sharp collapse to the level of $73.65 per barrel. The... Read More
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Read More
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Read More
Financial markets remain at risk of a sharp correction, the Bank of England warned on Wednesday,... Read More
Saudi Arabia's oil minister has warned that oil prices could drop to $50 per barrel if OPEC+... Read More
The bitcoin exchange rate stabilized at trading on Wednesday after falling by almost 3% the day... Read More
There is an extremely serious escalation in the Middle East. Last night, Iran responded with a... Read More
Iran's missile attack against Israel will be carried out in the next few hours, the American... Read More
According to preliminary data from Eurostat, in September 2024, inflation in the eurozone fell to... Read More
Kazakhstan is negotiating to increase natural gas exports to China, including possible supply... Read More
The US economy remains strong, and the Federal Reserve System (Fed) intends to maintain it in this... Read More
Chinese goods are disappearing from Russian marketplaces. By the end of August, the share of... Read More
On Monday, gold prices declined, nevertheless remaining near the record values reached last week.... Read More
Since the beginning of September, bitcoin has risen in price by 12.3%, which was the best dynamics... Read More
In 2025, the world's central banks will switch their focus from fighting inflation to stimulating... Read More
According to the official report, the index of personal consumption expenditures (PCE) in the... Read More
The probability of a reduction in key interest rates by the European Central Bank in October... Read More
The Discord messenger can be completely blocked in Russia. Roskomnadzor has issued five new... Read More
Against the background of news about a possible increase in Saudi Arabia's oil production,... Read More
HSBC analysts believe that, despite the current easing of monetary policy by the Federal Reserve,... Read More
U.S. economic growth in the second quarter was 3% year-on-year, which exceeded Wall Street... Read More
Gold and silver prices reached historic highs on Thursday. December gold futures exceeded the... Read More
Putin held the first public meeting of the Russian Security Council on nuclear deterrence and... Read More
Analysts believe that after the recent decline in crude oil prices, the situation may soon change... Read More
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