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.... Leer más
In 2023, Chinese exchange-traded funds (ETFs) attracted record investments of $83.3 billion, which... Leer más
According to the Statistical Institute of Turkey (Turkstat), in June, the growth rate of consumer... Leer más
If Trump wins the election, he intends to abandon the expansion of NATO. The idea concerns, first... Leer más
The Financial Action Task Force (FATF) has removed Turkey and Jamaica from the grey list. At the... Leer más
Bitcoin, which reached historical highs in March 2024 and then fell significantly, may again... Leer más
In June, consumer prices in the eurozone increased by 2.5% year-on-year, as indicated in the... Leer más
On Tuesday afternoon, oil prices continued to rise, due to concerns about the hurricane season in... Leer más
The World Bank has recognized Russia as a high-income country. In the report for the period from... Leer más
On Monday, the euro strengthened after a less significant than expected victory of the far-right... Leer más
The companies that left Russia replenished the budget of the Russian Federation by 84 billion... Leer más
LNG supplies from the United States to Europe have declined sharply, which could cause a serious... Leer más
The Central Bank of Sweden (Riksbank) kept its key interest rate at 3.75% per annum at its meeting... Leer más
On Thursday, gold prices are showing a rise after falling to a two-week low in the previous... Leer más
On Thursday, the Japanese yen continued to decline, and the USD/JPY pair reached its highest levels... Leer más
The EU has eased sanctions: partial transfers from Russia are allowed. The European Union has... Leer más
The head of the central bank of Finland and a member of the ECB governing Council, Olli Rehn, said... Leer más
Before the elections in the UK, which will be held on July 4, the pound strengthened on... Leer más
BRICS has decided to temporarily suspend the admission of new members. According to Lavrov, the... Leer más
Turkish Lira hits record low: The dollar exchange rate exceeded 33 Turkish liras. At the auction on... Leer más
According to foreign trade statistics, the supply of petroleum products from the United States to... Leer más
The European Union is reducing political contacts with Georgia because of the law on foreign... Leer más
Last week, the price of Brent crude oil fell by 0.7%, ending the week at about $85.2 per barrel. On... Leer más
Today, the yuan on the Moscow Stock Exchange fell by 1.2% after the announcement of the Russian... Leer más
As part of the 14th package of anti-Russian sanctions, the European Union banned its companies... Leer más
The desire of Asian countries to join the BRICS is growing. Malaysia and Thailand have announced... Leer más
Analysts at RBC Capital Markets remain cautious about gold, considering it overvalued after... Leer más
Following the example of the United States and the EU, Canada plans to impose high tariffs on... Leer más
Russians miss Europe. Russian tourists' interest in Europe has grown significantly over the year:... Leer más
This week, the European Union approved the contents of a new, 14th package of sanctions against... Leer más
The Bank of England kept the base interest rate at 5.25% per annum at the end of the June meeting,... Leer más
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