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 Thursday, the US dollar recovered from its recent fall, rebounding from a 13-month low. The... Read More
Gold prices rose steadily in Asian trading on Thursday, remaining near record highs. The dollar's... Read More
A debt market crisis is brewing in China: the yield on 10-year bonds has reached a historic low due... Read More
Oil production in Libya declined sharply this week, losing almost half of its volume. This... Read More
On Wednesday, stock indexes of the largest countries in Western Europe showed moderate growth,... Read More
India plans to purchase up to 160 tons of gold in the United Arab Emirates in the current fiscal... Read More
Researchers from the Brookings Institution have identified several factors that can undermine the... Read More
A loophole for settlements with China is closing – the UAE has begun to refuse to conduct Russian t... Read More
The world of cryptocurrencies continues to attract millionaires and even billionaires. According to... Read More
Asian stock indexes ended trading with mixed changes, reacting to corporate news.Japan's Nikkei 225... Read More
Oil prices declined on Tuesday in Asian trading after strong gains in previous sessions. Traders... Read More
The popularity of Telegram has grown significantly after the arrest of Pavel Durov. Messenger took... Read More
The gold market is once again reaching record highs, exceeding the mark of $2,560 per ounce. This... Read More
US stock markets ended Friday higher, reacting positively to the speech by Fed Chairman Jerome... Read More
Two years of Lula da Silva's rule in Brazil turned out to be a real test for investors. The... Read More
Pavel Durov was detained by the French authorities at Le Bourget airport. French intelligence... Read More
The Turkish lira fell to a historic low when the dollar-to-lira (USD/TRY) exchange rate on the... Read More
The correction in the Russian market continues for the fifth day. There is a decrease in both the... Read More
According to Xiao Yuanqi, Deputy head of the State Administration for Financial Supervision and... Read More
According to the US Department of Labor, the number of Americans applying for unemployment benefits... Read More
Equity markets in the Asia-Pacific region (APR) mostly showed growth on Thursday. Investors analyze... Read More
The US stock market ended trading on Wednesday with positive dynamics, thanks to growth in the... Read More
Trade turnover between Russia and the European Union has reached its lowest level since 1999. In... Read More
IMF Executive Director Krishnamurti Subramanian expressed confidence that by 2047, India's economy... Read More
European stock indexes declined following the results of trading on Tuesday. Investors took profits... Read More
U.S. stock indexes ended trading lower on Tuesday as investors waited for Fed Chairman Jerome... Read More
Democrats have officially nominated Kamala Harris as a candidate for the presidency of the United... Read More
The American stock market is growing steadily after a stormy session on Wall Street. Investors have... Read More
The People's Bank of China announced the retention of the loan rate for one year for first-class... Read More
In July 2024, producer prices in Germany decreased by 0.8% compared to July last year, according to... Read More
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