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