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.... Прочетете още
The extension of production output cut from big oil producing countries caused the oil prices to... Прочетете още
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Прочетете още
The Trump administration has already started the first part of its renegotiations with regards to... Прочетете още
The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Прочетете още
The Australian currency was able to enter again the positive grounds followed by an increase in... Прочетете още
The Trump administration has recently informed its senators that it is now considering enforcing... Прочетете още
The household debt climbed to an all-time high that affects spending and inflation that moved... Прочетете още
Brazil’s central bank is interested in implementing regulations to the FinTech sector to provide s... Прочетете още
The April reading for the US industrial production data recorded a significant surge compared to... Прочетете още
Talks between Australia and Hong kong are set to discuss the free trade agreement and negotiate... Прочетете още
Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its... Прочетете още
The International Monetary Fund says that Germany should consider loosening up and boost its... Прочетете още
The export data of Thailand for first quarter moved at its most rapid “quarterly pace” in the ... Прочетете още
A highly positive retail sales data for the US economy has further reaffirmed speculations that... Прочетете още
The economy of China further provided below-expected results of its economic indicators as the... Прочетете още
For the first quarter of 2017, the German economy is performing well, pushed by construction... Прочетете още
In a data released by the United Nations Economic and Social Survey of Asia and the Pacific earlier... Прочетете още
India’s inflation rate narrowed down because of lower food prices for the month of April. However, t... Прочетете още
The household debt of Ireland had collapsed for more than 20 times which appeared to be much apace... Прочетете още
ECB’s Mario Draghi and Dutch lawmakers from The Hague are now in conflict following discussions on ... Прочетете още
The International Monetary Fund issued a regional forecast for India this month and predicted that... Прочетете още
The Bitcoin attained a record high on Tuesday because of an upsurge demand for crypto-assets and... Прочетете още
President Trump has fired FBI Director James Comey yesterday in a sudden turn of events in the... Прочетете още
The common European currency tumbled on Monday from its highs due to the triumph of centrist wing... Прочетете още
The US economy’s long-term interest rates could be in for an upward pressure in the long haul as t... Прочетете още
Both imports and exports of China soared in April but were below expectations of analysts since... Прочетете още
Khalid Al-Falih, oil minister of Saudi Arabia showed confidence with regards to the deal to limit... Прочетете още
The US Labor Department has released its US job report for April, wherein it indicated that... Прочетете още
The central bank of Australia made some slight changes in its GDP rate and inflation projection... Прочетете още
The growth of annual exports in March has been sluggish as shown in the government data released on... Прочетете още
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