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
In 2023, Chinese exchange-traded funds (ETFs) attracted record investments of $83.3 billion, which... Baca Lagi
According to the Statistical Institute of Turkey (Turkstat), in June, the growth rate of consumer... Baca Lagi
If Trump wins the election, he intends to abandon the expansion of NATO. The idea concerns, first... Baca Lagi
The Financial Action Task Force (FATF) has removed Turkey and Jamaica from the grey list. At the... Baca Lagi
Bitcoin, which reached historical highs in March 2024 and then fell significantly, may again... Baca Lagi
In June, consumer prices in the eurozone increased by 2.5% year-on-year, as indicated in the... Baca Lagi
On Tuesday afternoon, oil prices continued to rise, due to concerns about the hurricane season in... Baca Lagi
The World Bank has recognized Russia as a high-income country. In the report for the period from... Baca Lagi
On Monday, the euro strengthened after a less significant than expected victory of the far-right... Baca Lagi
The companies that left Russia replenished the budget of the Russian Federation by 84 billion... Baca Lagi
LNG supplies from the United States to Europe have declined sharply, which could cause a serious... Baca Lagi
The Central Bank of Sweden (Riksbank) kept its key interest rate at 3.75% per annum at its meeting... Baca Lagi
On Thursday, gold prices are showing a rise after falling to a two-week low in the previous... Baca Lagi
On Thursday, the Japanese yen continued to decline, and the USD/JPY pair reached its highest levels... Baca Lagi
The EU has eased sanctions: partial transfers from Russia are allowed. The European Union has... Baca Lagi
The head of the central bank of Finland and a member of the ECB governing Council, Olli Rehn, said... Baca Lagi
Before the elections in the UK, which will be held on July 4, the pound strengthened on... Baca Lagi
BRICS has decided to temporarily suspend the admission of new members. According to Lavrov, the... Baca Lagi
Turkish Lira hits record low: The dollar exchange rate exceeded 33 Turkish liras. At the auction on... Baca Lagi
According to foreign trade statistics, the supply of petroleum products from the United States to... Baca Lagi
The European Union is reducing political contacts with Georgia because of the law on foreign... Baca Lagi
Last week, the price of Brent crude oil fell by 0.7%, ending the week at about $85.2 per barrel. On... Baca Lagi
Today, the yuan on the Moscow Stock Exchange fell by 1.2% after the announcement of the Russian... Baca Lagi
As part of the 14th package of anti-Russian sanctions, the European Union banned its companies... Baca Lagi
The desire of Asian countries to join the BRICS is growing. Malaysia and Thailand have announced... Baca Lagi
Analysts at RBC Capital Markets remain cautious about gold, considering it overvalued after... Baca Lagi
Following the example of the United States and the EU, Canada plans to impose high tariffs on... Baca Lagi
Russians miss Europe. Russian tourists' interest in Europe has grown significantly over the year:... Baca Lagi
This week, the European Union approved the contents of a new, 14th package of sanctions against... Baca Lagi
The Bank of England kept the base interest rate at 5.25% per annum at the end of the June meeting,... Baca Lagi
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