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.... Více
Syria wants to join the BRICS and has already applied for membership. The issue of further... Více
The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support... Více
Chinese companies intend to raise up to $10-15 billion through offshore bonds this quarter.Such an... Více
Oil prices on Friday showed the largest weekly increase in more than a year, helped by heightened... Více
Diamond exports from Russia may decrease by 17%, reaching $3.19 billion. This is facilitated by a... Více
The SWIFT international system plans to start testing transactions with tokenized assets and... Více
Oil prices continue to rise after yesterday's sharp collapse to the level of $73.65 per barrel. The... Více
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Více
On Thursday, the pound sterling fell by more than 1% against the euro and the US dollar, reaching a... Více
Financial markets remain at risk of a sharp correction, the Bank of England warned on Wednesday,... Více
Saudi Arabia's oil minister has warned that oil prices could drop to $50 per barrel if OPEC+... Více
The bitcoin exchange rate stabilized at trading on Wednesday after falling by almost 3% the day... Více
There is an extremely serious escalation in the Middle East. Last night, Iran responded with a... Více
Iran's missile attack against Israel will be carried out in the next few hours, the American... Více
According to preliminary data from Eurostat, in September 2024, inflation in the eurozone fell to... Více
Kazakhstan is negotiating to increase natural gas exports to China, including possible supply... Více
The US economy remains strong, and the Federal Reserve System (Fed) intends to maintain it in this... Více
Chinese goods are disappearing from Russian marketplaces. By the end of August, the share of... Více
On Monday, gold prices declined, nevertheless remaining near the record values reached last week.... Více
Since the beginning of September, bitcoin has risen in price by 12.3%, which was the best dynamics... Více
In 2025, the world's central banks will switch their focus from fighting inflation to stimulating... Více
According to the official report, the index of personal consumption expenditures (PCE) in the... Více
The probability of a reduction in key interest rates by the European Central Bank in October... Více
The Discord messenger can be completely blocked in Russia. Roskomnadzor has issued five new... Více
Against the background of news about a possible increase in Saudi Arabia's oil production,... Více
HSBC analysts believe that, despite the current easing of monetary policy by the Federal Reserve,... Více
U.S. economic growth in the second quarter was 3% year-on-year, which exceeded Wall Street... Více
Gold and silver prices reached historic highs on Thursday. December gold futures exceeded the... Více
Putin held the first public meeting of the Russian Security Council on nuclear deterrence and... Více
Analysts believe that after the recent decline in crude oil prices, the situation may soon change... Více
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