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 price of gold continued its growth on Tuesday, reaching a new record amid expectations of... Read More
Сrushed stone trading has started in Russia. For the first time in the history of the Russian ... Read More
Analysts maintained an optimistic outlook for the S&P 500 index, expecting it to rise to 5600... Read More
Despite the fact that the latest economic indicators from the United States turned out to be better... Read More
On Monday, the yuan showed the most significant growth in two weeks, reaching 7.1363 per dollar,... Read More
Gold is holding at a record high above $2,500 per ounce. The current value of the precious metal is... Read More
The slowdown of YouTube in Russia has caused an increase in interest in foreign video hosting.... Read More
JPMorgan forecasts favorable prospects for emerging market (EM) stocks amid an expected slowdown in... Read More
Foreign stocks may return to the Russian market in an unusual form. BKS Forex and Alfa-Forex want... Read More
On Wednesday, the stock indexes of the leading countries of Western Europe ended trading in... Read More
The Japanese economy showed signs of recovery in the second quarter of 2024, growing by 0.8%... Read More
Gold prices rose in Asian trading on Thursday, coming close to record highs. Weaker-than-expected... Read More
According to the Institute of Statistics, in July 2024, the consumer price index in Argentina... Read More
Oil prices are showing growth on Wednesday after a significant two percent drop the day before. The... Read More
The volume of mortgage loans in Russia decreased almost threefold, to 292 billion rubles. According... Read More
German companies continue to invest heavily in China, despite government calls to diversify risks.... Read More
The international rating agency Fitch Ratings has downgraded the long-term issuer default rating... Read More
In July 2024, the US federal budget deficit reached $243.7 billion, which is 10.4% more than in... Read More
India and Russia are planning to introduce a reference ruble-rupee exchange rate to improve... Read More
Catherine Mann, a member of the Monetary Policy Committee (MPC) of the Bank of England, urged not... Read More
Venezuela's deputy permanent representative to the UN, Joaquin Perez, said that Caracas is actively... Read More
In July, small regional Chinese banks began to refuse to accept payments from Russia. This came as... Read More
Oil prices have been rising for the fifth consecutive auction due to concerns about possible supply... Read More
Israel is expecting an Iranian attack. Israeli intelligence expects that in the coming days Iran... Read More
According to a Bank of America report, during a week of falling stock markets, cash has become the... Read More
The Bank of Mexico unexpectedly lowered its base interest rate by 0.25 percentage points, setting... Read More
UBS strategists predict a short-term rise in global stocks due to excessive sales, which in the... Read More
Russian banks began to raise interest rates on loans following the change in the key rate.... Read More
The number of Americans applying for unemployment benefits unexpectedly fell last week, suggesting... Read More
European stocks resumed their decline after two days of gains, under pressure from mixed earnings... Read More
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