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
On Tuesday morning, oil prices continued to decline moderately after a sharp drop the day before.... Read More
Protests broke out in Venezuela over the re-election of Nicolas Maduro. In Caracas, thousands of... Read More
US presidential candidate and former President Donald Trump said that if elected, he would make the... Read More
In June, global mutual funds reduced their share in Chinese markets. This capital outflow is due to... Read More
Gold prices rose in Asian trading on Monday, playing back some of the decline seen during most of... Read More
The tariff policy proposed by President Trump, involving a 60% tax on imports from China and a 10%... Read More
Erdogan threatened Israel with a possible invasion. According to Al Ain Trke, the Turkish president... Read More
Nvidia has overtaken Apple and Microsoft in terms of market capitalization, becoming the most... Read More
British Prime Minister Keir Starmer announced the beginning of the fight against the «shadow fleet» ... Read More
Investors invested a record $47.7 billion in stocks in the week ending July 17. This is the fifth... Read More
On Friday, the world faced a massive glitch in Microsoft's systems. Stock indexes of the largest... Read More
Russia has occupied a quarter of the global wheat market. According to the results of the... Read More
The European Central Bank left key interest rates unchanged, which coincided with the expectations... Read More
U.S. Securities and Exchange Commission (SEC) has allowed trading of Ethereum-based ETFs from... Read More
Oil prices continue to rise, supported by data on the reduction of fuel reserves in the United... Read More
German Finance Minister Christian Lindner said that the country is forced to reconsider its... Read More
LUKOIL's oil supplies to Hungary have been suspended due to tougher sanctions from Ukraine.... Read More
The International Monetary Fund (IMF) has expressed serious concerns about the impact of a strong... Read More
Washington has warned allies of the possible application of the toughest trade restrictions if... Read More
At the trade meeting in Calabria, the ministers of the Group of Seven (G7) countries advocated the... Read More
Republican presidential candidate Donald Trump said that Taiwan should pay the United States for... Read More
The return of Donald Trump to the White House may lead to the easing of sanctions against Russia.... Read More
Gold prices soared on Tuesday in Asian trading, approaching the highest levels. The growth was... Read More
David Vance, Senator from Ohio, has extensive academic and professional experience. After... Read More
The victory of the left-wing coalition in the French elections forced investors to pay attention to... Read More
Demand for oil will peak until 2030, then decline under any scenarios. The main factor in the... Read More
The Chinese economy is showing steady growth. The country's GDP increased by 5% in the first half... Read More
The growing trade war between the European Union and China may take a new turn. The EU is... Read More
The bitcoin exchange rate is rising on Monday – market participants continue to evaluate the news a... Read More
Trump's chances of winning the election increased after the assassination attempt. During a speech... Read More
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