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 United States is going to impose a 100% duty on imports of Chinese electric vehicles and... Read More
The leaders of the Eurasian Economic Union (EAEU) countries have approved the start of negotiations... Read More
The trade turnover between Russia and China increased by 4.7% in January-April this year, according... Read More
Biden said that the United States would not supply weapons to Israel if the Israeli army entered... Read More
According to the Financial Times, the fifty companies that have benefited the most from the... Read More
The Riksbank, Sweden's central bank, cut its key interest rate by 25 basis points for the first... Read More
Biden is in favor of ending the conflict in Gaza. The Axios portal, citing anonymous American... Read More
The US stock market has been stable in recent weeks, despite reports of a steady increase in... Read More
On Tuesday evening, oil prices accelerated their decline as investors evaluate production forecasts... Read More
According to media reports, Sinopec, the Chinese energy company, plans to start purchasing 1.5... Read More
The EU is considering trade sanctions against Israel due to the policy of aggressive war in the... Read More
Oil prices rose slightly on Monday after the strongest weekly drop in seven months. Brent quotes... Read More
According to the ECB's chief economist Philip Lane, the latest statistics on the eurozone economy... Read More
Instant coffee prices may rise due to a sharp jump in prices for robusta coffee futures. Its value... Read More
In April, the growth rate of consumer prices in Turkey accelerated again, reaching the highest... Read More
On Friday morning, oil quotes are growing slightly, but the asset ends the whole week with a... Read More
Turkey has suspended all trade with Israel, heightening already high tensions between the two... Read More
Turkey has stopped all trade with Israel in protest. The restrictive measures will last until... Read More
This week, the price of Brent crude oil has significantly decreased, falling by more than 4%. The... Read More
The US Federal Reserve has decided to leave interest rates unchanged – this is the sixth c... Read More
Uranium prices have risen above $90 per pound, exceeding their highest in more than seven weeks.The... Read More
The Fed has decided to keep the key rate at 5.5%. According to Powell, inflation exceeds... Read More
The exchange rate of the Japanese yen against the US dollar continues to strengthen, reaching 155... Read More
The President of Nigeria, Bola Tinubu, has signed an agreement with the Danish giant Maersk to... Read More
Elon Musk unexpectedly arrived in Beijing after the visit of the head of the State Department... Read More
On Friday evening, oil prices rose, breaking a two-week downward trend. Oil is growing, even... Read More
The market value of Google's holding company, Alphabet Inc., exceeded the $2 trillion mark for the... Read More
A new attack on Russian refineries: drones attacked a plant in the Krasnodar Territory of the... Read More
Donald Trump advisers are looking for ways to counteract the process of dedollarization in the... Read More
The Bank of Japan kept its key interest rate unchanged after the end of a two-day meeting on Friday... Read More
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