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.... Read More
The Personal Consumption Expenditure Index (PCE), which the US Federal Reserve (Fed) uses as the... Read More
Gold is still far from record highs. JPMorgan predicts that the price of gold could rise to $2,850... Read More
Imports of liquefied natural gas (LNG) from Russia to the Netherlands' main terminal in Rotterdam... Read More
The People's Bank of China has announced a package of measures to stimulate the economy. The head... Read More
China plans to boost the economy with the help of large-scale measures proposed by the Central... Read More
Bitcoin is showing steady growth again: over the past week, its price has increased by 10%, and now... Read More
Despite the fact that markets initially reacted positively to the Fed's rate cut aimed at... Read More
Oil prices rose in Asian trading on Monday, influenced by several factors at once. Rising tensions... Read More
Gold prices have reached a new historical high in Asian markets due to the optimistic sentiment... Read More
The Social Democratic Party of Germany, under the leadership of Chancellor Olaf Scholz, won the... Read More
World oil prices were moderately declining on Friday morning amid continuing negative market... Read More
Bitcoin continues to grow steadily, strengthening for the fourth day in a row. Since the beginning... Read More
The UK consumer confidence index in September 2024 fell to the lowest value in the last six months,... Read More
The trade turnover between Russia and the European Union showed growth for the first time since... Read More
Almost all banks seek to transfer these operations to one local institution — Emlak Katılım.This is ... Read More
According to Eurostat, in the first half of this year, the Netherlands, Slovenia and Latvia were... Read More
Robert Kiyosaki, author of the book «Rich Dad, Poor Dad», predicts significant growth of bitcoin a... Read More
The US Federal Reserve System has reduced the interest rate on federal loan funds (federal funds... Read More
The Fed lowered its key rate to 5% – the reduction was 0.5 percentage points. Job growth slowed d... Read More
After two years of decline, the mergers and acquisitions (M&A) market is preparing for growth.... Read More
Inflation in the eurozone slowed to 2.2% in annual terms in August, according to the final report... Read More
In August 2024, India imported gold worth $10.06 billion, which became a historical record,... Read More
On the eve of the US Federal Reserve meeting, where an interest rate cut is expected, leading Wall... Read More
Elon Musk was able to overcome blindness. Neuralink has released a revolutionary Blindsight device... Read More
Senior American officials will travel to Beijing this week for talks with their Chinese... Read More
Yesterday, Brent oil prices rose to $73.30 per barrel, supported by expectations of lower interest... Read More
Intel shares soared 8% after the end of the main session on Wall Street on Monday, gaining almost... Read More
Russia and China have started using cryptocurrencies to conduct trading operations. A number of... Read More
The head of the Reserve Bank of India, Shaktikanta Das, expressed confidence in the country's... Read More
In September, a significant event will take place at the meeting of the Federal Reserve System: for... Read More
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