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
After several failures in the field of artificial intelligence, Alphabet's strategy is again... Read More
Foreign investors bought 1.18 trillion yen ($7.7 billion) worth of Japanese shares last week. This... Read More
Gold prices reached a new record in Friday trading, breaking the $2,400 per ounce level for the... Read More
The International Energy Agency (IEA) has lowered its forecast for global oil demand growth to 1.2... Read More
Russia's external debt per capita has reached a minimum over the past 18 years. As of April 1, the... Read More
The higher-than-expected US consumer inflation report for March caused expectations of a Fed rate... Read More
The European Central Bank (ECB) has left deposit rates at record levels for the fifth time in a... Read More
On Thursday morning, oil prices are moderately declining after a significant rise the day before,... Read More
The launch of the Angara-A5 rocket was postponed again, and for the third time. The third launch... Read More
On Wednesday, US stock indexes began trading with a significant drop due to data on rising... Read More
According to Bloomberg analysts, the rise in gold prices to record levels may continue – while m... Read More
According to the US Department of Labor, the consumer price index in the country increased by 3.5%... Read More
Russian authorities decided to increase the tax on the extraction and sale of gold. From June 1 to... Read More
Bets on the decline of the yen have reached their highest in the last 17 years, while the Japanese... Read More
On April 9, the Toncoin (TON) cryptocurrency exchange rate reached a historic high of $6.98. This... Read More
Lavrov and Chinese Foreign Minister Wang Yi held talks in China. The parties noted that good... Read More
The peak price of bitcoin, reached in mid-March at a record level of $73,800 and still not... Read More
Oil prices declined during the day on Monday due to a decrease in geopolitical risks. At the end of... Read More
Norilsk Nickel completed the stock split – the division was according to the scheme: 1:100. Now one ... Read More
According to a report by the US Department of Labor NonFarm Payrolls, in March the number of jobs... Read More
On Friday, oil prices continued to remain in the area of local highs reached yesterday amid fears... Read More
The IMF urges global companies and major exporting countries to prepare for the abandonment of oil.... Read More
Experts believe that the European Central Bank may begin to ease its monetary policy earlier than... Read More
Due to the sanctions, Novatek faced problems in launching a key project for Russia – Arctic LNG 2... Read More
The probability of Trump's victory is growing before our eyes. According to the latest WSJ data,... Read More
The global gold market continues to show positive dynamics, and prices again reached historic highs... Read More
The oil market is growing steadily on Wednesday: Brent oil quotes almost came close to the level of... Read More
According to the Hong Kong news portal HK01, the losses of the world's largest semiconductor... Read More
The strongest earthquake in 25 years has occurred in Taiwan. It is estimated to have a magnitude of... Read More
On Tuesday, bitcoin continues to decline – at the moment, the cryptocurrency dropped to $ 64,781. P... Read More
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