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.... Baca Lagi
The price of gold continued its growth on Tuesday, reaching a new record amid expectations of... Baca Lagi
Сrushed stone trading has started in Russia. For the first time in the history of the Russian ... Baca Lagi
Analysts maintained an optimistic outlook for the S&P 500 index, expecting it to rise to 5600... Baca Lagi
Despite the fact that the latest economic indicators from the United States turned out to be better... Baca Lagi
On Monday, the yuan showed the most significant growth in two weeks, reaching 7.1363 per dollar,... Baca Lagi
Gold is holding at a record high above $2,500 per ounce. The current value of the precious metal is... Baca Lagi
The slowdown of YouTube in Russia has caused an increase in interest in foreign video hosting.... Baca Lagi
JPMorgan forecasts favorable prospects for emerging market (EM) stocks amid an expected slowdown in... Baca Lagi
Foreign stocks may return to the Russian market in an unusual form. BKS Forex and Alfa-Forex want... Baca Lagi
On Wednesday, the stock indexes of the leading countries of Western Europe ended trading in... Baca Lagi
The Japanese economy showed signs of recovery in the second quarter of 2024, growing by 0.8%... Baca Lagi
Gold prices rose in Asian trading on Thursday, coming close to record highs. Weaker-than-expected... Baca Lagi
According to the Institute of Statistics, in July 2024, the consumer price index in Argentina... Baca Lagi
Oil prices are showing growth on Wednesday after a significant two percent drop the day before. The... Baca Lagi
The volume of mortgage loans in Russia decreased almost threefold, to 292 billion rubles. According... Baca Lagi
German companies continue to invest heavily in China, despite government calls to diversify risks.... Baca Lagi
The international rating agency Fitch Ratings has downgraded the long-term issuer default rating... Baca Lagi
In July 2024, the US federal budget deficit reached $243.7 billion, which is 10.4% more than in... Baca Lagi
India and Russia are planning to introduce a reference ruble-rupee exchange rate to improve... Baca Lagi
Catherine Mann, a member of the Monetary Policy Committee (MPC) of the Bank of England, urged not... Baca Lagi
Venezuela's deputy permanent representative to the UN, Joaquin Perez, said that Caracas is actively... Baca Lagi
In July, small regional Chinese banks began to refuse to accept payments from Russia. This came as... Baca Lagi
Oil prices have been rising for the fifth consecutive auction due to concerns about possible supply... Baca Lagi
Israel is expecting an Iranian attack. Israeli intelligence expects that in the coming days Iran... Baca Lagi
According to a Bank of America report, during a week of falling stock markets, cash has become the... Baca Lagi
The Bank of Mexico unexpectedly lowered its base interest rate by 0.25 percentage points, setting... Baca Lagi
UBS strategists predict a short-term rise in global stocks due to excessive sales, which in the... Baca Lagi
Russian banks began to raise interest rates on loans following the change in the key rate.... Baca Lagi
The number of Americans applying for unemployment benefits unexpectedly fell last week, suggesting... Baca Lagi
European stocks resumed their decline after two days of gains, under pressure from mixed earnings... Baca Lagi
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