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
According to the official data released on Friday, the exports of world’s second biggest economy w... Více
Oil prices increased in value and has recorded its largest two-day gains within the six-week... Více
The Central Bank of Brazil reduced its Selic rate benchmark abruptly in their attempt to boost the... Více
Brexit poses no risk at all towards the UK economy, BOE’s Governor Mark Carney told the Members of P... Více
The USD weakened dramatically during the previous trading sessions while stocks surged in value... Více
The global economic forecast from World bank decreased by 0.1 percentage... Více
After the victory of Donald Trump in the U.S election two months ago, the 45th American President... Více
The World Bank has stated that Trump’s proposed tax cuts and other spending policies could p... Více
Host of the next Olympic games is expected to increase its local economic output as much as $11.2... Více
The British currency declined by 1% and fell sharply to its two-month low versus other major pairs... Více
The US dollar surged in value against the Japanese yen and remained just above 117.00 points for... Více
The benchmark for 10-year government bonds yield of Germany climbed to a three-week high on Monday.... Více
From the previous months of October to December last year recorded the highest growth on a... Více
A number of potential candidates for the top office at the Federal Reserve are hinting at... Více
The U.S. dollar plunged over the past three weeks against a basket of other major currencies on... Více
The cabinet of the Venezuelan government was shaken on Wednesday as President Nicolas Maduro named... Více
The USD decreased in value against the JPY for the second consecutive day after the minutes from... Více
The inflation rate in the European region had increased, reaching its highest pace after three... Více
US Treasuries careened between losses and gains after the minutes from the FOMC meeting last... Více
Yuan rallied this year especially the offshore trading and China is creating its contingency plan... Více
The figures for the employment rate of the German country improved compared with the result last... Více
Oil moved higher this day as price hikes caused by the supply reduction of crude from top oil... Více
The USD has recently surged to its highest levels in 14 years as a string of highly positive... Více
The expected economic performance for 2017 appears to be very much alike with 2016 outlook. The... Více
The economic growth of Singapore has heightened significantly and has recently recorded its... Více
China opens to more foreign investment in banking, insurance, securities and credit-rating firms as... Více
The European central bank’s capital decision of 8.8 billion euro was criticized after the Bank of I... Více
The Mexican government will implement a price hike in gasoline prices as much as one-fifth in the... Více
The data for mortgage approvals on November is driven down according to the record of the British... Více
The US dollar surged to its highest levels for this week and has nearly reached its highest... Více
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