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 US Federal Reserve implemented another interest rate hike last Wednesday, the central bank’s s... Více
Benedikt Jóhannesson, minister of finance in Iceland, have affirmed that the nation’s central bank h... Více
The Kingdom of Saudi Arabia has stated to OPEC that the country has reverted part of its supply... Více
Puerto Rico’s General obligation (GO) bonds dropped after the financial recovery plan has been a... Více
The Argentine Interior Minister, Rogelio Frigerio announced that the labor unions in Argentina put... Více
British Prime Minister Theresa May is now preparing to jumpstart the actual Brexit process this... Více
Turkey plans to put off diplomatic ties with the Netherlands as announced by the Dutch ambassador... Více
Lincoln automobiles under Ford Motors Co’s plans to advance its entry to China and was doing some a... Více
The biggest pension fund managers in Canada settled an agreement with a real estate logistics... Více
Kristin Forbes, one of the most vocal dissenters in the Bank of England’s nine-member Monetary P... Více
The government of Nigeria has introduced its master plan to take off the recession with hopes of... Více
Prime Minister Nguyen Xuan Phuc aims to maintain its trading ties with the United States under the... Více
A South Korean court has unanimously ruled for South Korean president Park Geun-hye’s impeachment f... Více
Britain is firm on its decision to increase taxes on self-employed workers despite many disapprove... Více
Based on the report of Securities Commission Malaysia (SC), the economic growth of Malaysia is... Více
The Canadian economy is expected to gain 2.4% this year with equal expectations as of the United... Více
Pharmaceutical stocks plummeted on Tuesday after Donald Trump plunged back into the drug pricing... Více
The surge of U.S. dollar decelerated minimally on Wednesday session after reachinga two-month high... Více
The European stocks dropped for three days in a row on Tuesday pulled by the decline in shares of... Více
Australia's Interest Rate Remained on Hold Australia kept its interest rates steady on Tuesday,... Více
UK Prime Minister Theresa May is recently being urged by a panel of Brexit-supporting lawmakers to... Více
China aims to reduce its oversupply in the steel sector for next year according to the National... Více
The Egyptian economy slowed down for the 17th time within the month of February showing a much... Více
UK Chancellor Philip Hammond has announced that he will be utilizing Wednesday’s budget to offer m... Více
An accommodating local currency market that is both open and competitive to curb the impact of... Více
Indian President Pranab Mukherjee mentioned that the country’s economic growth plays between 0 to 1 ... Více
The US job market looks like it’s in for more positive movements in the coming days after the c... Více
For three succeeding session, the crude oil dropped as the supply accumulated affecting the overall... Více
The country bounded in the Western Indonesia, Timor Leste or called East Timor in the past has... Více
Inequality and poverty rates in the UK are expected to get worse within a five year-period as the... Více
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