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