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 Reserve Bank of Australia made a decision to keep its cash rates unchanged on Tuesday and... Read More
The central bank of Denmark has taken into account on a positive note its participation to the... Read More
Two of largest countries in the world, Japan and the European Union is scheduled to make an... Read More
Factory activity in China improved in June as company reports came in slightly stronger as new... Read More
The Japanese Tankan report manifested a positive data as big manufacturers sentiment has exceeded... Read More
There is a tendency for the European Central Bank to raise its inflation rate this month as shown... Read More
The American economy showed off a slackening performance amid first quarter of 2017 but gained much... Read More
The Congressional Budget Office stated via its analysis report last Thursday that the US... Read More
The retail sales growth in Japan had slowed down in May versus the previous year, which means that... Read More
BoC Governor Stephen Poloz caught the attention of the Canadian market... Read More
China is taking into account a free-trade agreement with Mexico which was officially reported from... Read More
The International Monetary Fund watered down its economic outlook for the United States due to the... Read More
The economy of China has progressed in the second quarter as the corporate profits rose and... Read More
A U.S. central banker forewarned that advanced economies and financial institutions in the United... Read More
US President Donald Trump and India’s Prime Minister Narendra Modi had clinched the deal in i... Read More
ECB President Mario Draghi argued in a statement last Monday that the... Read More
Business growth in the eurozone did not meet expectations as it approaches the end of the first... Read More
Theresa May, British Prime Minister of Britain, said to the leaders of European Union that EU... Read More
The US Senate’s health-care bill has cut billions of dollars worth of taxes from large businesses a... Read More
The majority of US stock prices crashed on the back of an ever-worsening bout of slump on both... Read More
According to the most recent poll, Chinese economists have a positive outlook regarding the future... Read More
Federal Reserve authorities are applying more on a hawkish side on the next rate hike signifying... Read More
The Ifo Institute for Economic Research in Germany had revised its projections regarding the... Read More
The U.S. central bank is ambivalent whether to proceed with the interest-rate hikes in the future... Read More
The Republican bloc of the US Senate will be releasing their draft of the healthcare bill this... Read More
The American economy remains optimistic as shown in the All-America Economic Survey by CNBC,... Read More
Japanese manufacturers confidence rating rallied this month reaching the record level high in April... Read More
The EU bloc dominated the first round of Brexit negotiations as UK officials cowered and retreated... Read More
South Korea implemented tighter mortgage rules and adjust speculations regarding the resale of... Read More
Japanese exports had gained higher in May which recorded on its fastest pace two years ago.... Read More
