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 economy of Italy gained 0.2 percent growth during Q4 in 2016, this result was relatively lower... Více
The USD lost its strength against other major currencies prior to the testimony of Fed chair Janet... Více
The European Commission (EC) projected that the British economy will have a large decline for the... Více
Japanese stocks dropped and shifted the market’s focus from a global rally after US benchmarks r... Více
Producer price inflation in China has reached figures higher than expected bringing the price close... Více
The European Central has been accused of altering the Euro exchange rate and this is being negated... Více
Asian stocks rallied across the globe as investors anticipated the release of data which will... Více
The newly-elected president of Germany is Frank-Walter Steinmeier, he’s known to be the country’s fo... Více
The Reserve Bank of India will maintain its interest rates until the second half in 2018 after it... Více
The Members of the British parliament approved the Article 50 which gives power to the government... Více
The USD traded within its session highs following Trump’s statement that his administration will s... Více
Bank of England external MPC member, Kristin Forbes have plans to push for an interest rate hike in... Více
Treasuries posted another set of gains for the fourth consecutive day as a decrease in the... Více
Italy’s economy is performing well as it grew for the past three months signaling a stabilizing g... Více
The central bank of Australia remained rates unchanged at 1.5 percent during its policy meeting on... Více
The EUR dropped for the second consecutive day as the impending national elections increased... Více
The Exchange reserve fell up to $3 trillion for the first time in six years. It is smaller in... Více
The Gross Domestic Product of Indonesia beefed up by 5.02 percent in 2016 versus 4.88 percent in... Více
Asian equities experienced a decline following a JPY rally after the demand for the safe haven... Více
According to an analysis conducted in the euro zone, the economy of Italy has the worst condition... Více
The US dollar fell for the sixth consecutive week and has recorded its lowest drop since July 2016... Více
EU stocks dropped for the fourth consecutive time within a mere five-day period as the overall... Více
Brazil’s President Michel Temer stated his plans to generate an economic reform programme which c... Více
The People’s bank of China augmented its short-term interest rates as the e... Více
Deutsche Bank, an established German lender, reported a net loss of 1.9 Billion Euros equivalent to... Více
The economy of Canada is possible to recover from an oil crisis it endured, however, the... Více
The dollar rose along with Treasury yields and managed to redeem its losses last Tuesday after... Více
The US dollar dropped to brand new lows during the previous session and lost against all other... Více
The economic status of Mexico had slowed down during the fourth quarter as the growth in services... Více
European stocks plummeted on Monday after investors assessed the possible implications of... Více
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