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
Agreements worth 6.4 trillion rubles were signed at SPIEF 2024. In 2023, the amount of transactions... Read More
Oil quotes increased their growth on Friday afternoon, continuing the upward trend of yesterday.... Read More
Foreign investors are showing increased interest in Indian sovereign debt securities ahead of their... Read More
Biden acknowledged that Ukraine's ability to attack Russia using Western weapons could exacerbate... Read More
The European Central Bank is preparing to lower interest rates amid the normalization of inflation.... Read More
OPEC Secretary General Haissam al-Gais said at the session «The future of the oil and gas market: ... Read More
Since the beginning of the year, shares of the American manufacturer of graphics processors Nvidia... Read More
Nvidia has overtaken Apple in terms of capitalization and has become the second most valuable... Read More
Tuesday brought a sharp decline to the Indian stock market, reducing the total value of shares by... Read More
The Texas Stock Exchange (TXSE) has received $120 million in investments from individuals and major... Read More
Today, oil prices in the energy markets continued their decline, following the dynamics of the last... Read More
SPIEF, one of the largest economic forums in the world, starts today. The main theme of this year... Read More
Oil prices continued to decline on Tuesday morning – Brent quotes fell to $ 76.77 per barrel, WTI p... Read More
The Ministry of Finance in the Russian Federation intends to officially recognize mining. The... Read More
The Mexican peso reached its lowest level since November 2023 after the presidential election – 1... Read More
Benchmark oil prices dropped sharply on Monday evening. Brent crude oil fell to $78.44 per barrel,... Read More
OPEC+ will extend the current quotas for the whole of 2025. Currently, an agreement is in place to... Read More
According to preliminary data from Eurostat, in May 2024, consumer prices in the eurozone increased... Read More
China has refused to participate in the peace conference on Ukraine, which will be held in... Read More
The US stock market fell on Thursday after disappointing data on quarterly US GDP growth increased... Read More
The EU Council plans to decide on May 30 to increase customs duties on imports of Russian and... Read More
Unemployment in the eurozone fell to 6.4% in April 2024, compared with 6.5% in the previous month,... Read More
Russia and China can withdraw their financial operations from the influence of the West. The... Read More
The Indian rupee has gained the status of one of the most stable currencies in Asia this year,... Read More
According to preliminary data from the German Federal Statistical Office (Destatis), consumer... Read More
The Indian company Reliance has signed a contract with Rosneft for oil supplies for a period of 1... Read More
On Tuesday, US government bond yields declined moderately in anticipation of new data on US... Read More
Oil prices started to rise on Tuesday after falling last week. The current Brent quote is $83.00... Read More
Cryptocurrencies in Russia: business has proposed changes to the mining bill. Companies engaged in... Read More
Amid the slowdown in economic growth in the United States, investor sentiment towards the dollar... Read More
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