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 newly-elected president of Germany is Frank-Walter Steinmeier, he’s known to be the country’s fo... Прочетете още
The Reserve Bank of India will maintain its interest rates until the second half in 2018 after it... Прочетете още
The Members of the British parliament approved the Article 50 which gives power to the government... Прочетете още
The USD traded within its session highs following Trump’s statement that his administration will s... Прочетете още
Bank of England external MPC member, Kristin Forbes have plans to push for an interest rate hike in... Прочетете още
Treasuries posted another set of gains for the fourth consecutive day as a decrease in the... Прочетете още
Italy’s economy is performing well as it grew for the past three months signaling a stabilizing g... Прочетете още
The central bank of Australia remained rates unchanged at 1.5 percent during its policy meeting on... Прочетете още
The EUR dropped for the second consecutive day as the impending national elections increased... Прочетете още
The Exchange reserve fell up to $3 trillion for the first time in six years. It is smaller in... Прочетете още
The Gross Domestic Product of Indonesia beefed up by 5.02 percent in 2016 versus 4.88 percent in... Прочетете още
Asian equities experienced a decline following a JPY rally after the demand for the safe haven... Прочетете още
According to an analysis conducted in the euro zone, the economy of Italy has the worst condition... Прочетете още
The US dollar fell for the sixth consecutive week and has recorded its lowest drop since July 2016... Прочетете още
EU stocks dropped for the fourth consecutive time within a mere five-day period as the overall... Прочетете още
Brazil’s President Michel Temer stated his plans to generate an economic reform programme which c... Прочетете още
The People’s bank of China augmented its short-term interest rates as the e... Прочетете още
Deutsche Bank, an established German lender, reported a net loss of 1.9 Billion Euros equivalent to... Прочетете още
The economy of Canada is possible to recover from an oil crisis it endured, however, the... Прочетете още
The dollar rose along with Treasury yields and managed to redeem its losses last Tuesday after... Прочетете още
The US dollar dropped to brand new lows during the previous session and lost against all other... Прочетете още
The economic status of Mexico had slowed down during the fourth quarter as the growth in services... Прочетете още
European stocks plummeted on Monday after investors assessed the possible implications of... Прочетете още
The Bank of Japan adjusted higher its economic forecast on Tuesday. However, the monetary policy... Прочетете още
Based on the report of Ifo Research Institute, the trade surplus account of Germany broke its own... Прочетете още
The Bank of Japan is scheduled to set its monetary policy after a two-day... Прочетете още
The central bank of Bangladesh maintained its key policy rates on January 29, Sunday according to... Прочетете още
The US dollar inched lower and asian stocks declined after the market suffered repercussions... Прочетете още
The labor market of Spain has produced more than 400,000 jobs in 2016 while the unemployment rate... Прочетете още
US stocks stopped its rallying trend during Thursday’s trading session after investors gathered a s... Прочетете още
