Expert Mendouh: Many reasons drive the oil market towards an increase in the coming period. Additional double gains are expected for the country from the rise in oil and gas. Oil prices recorded significant gains at the close of weekly trading on Friday evening, reaching $72 per barrel, the highest level for crude oil since July 31, 2025, which means an additional $10 for Algeria for each barrel compared to the reference level set in the 2026 budget at $60. This situation is expected to continue in the coming period for several reasons. Brent crude (North Sea blend), the reference oil for Algerian oil 'Sahara Blend', ended the week at $71.76 per barrel.
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
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Béjaïa Port has set a new record in handling bulk cargo, unloading 15,153.60 tons of corn within 24 hours, in an operation conducted directly from the ship to the trucks, according to the Béjaïa Port Authority (EPB). The authority stated in a press release that the operation was carried out at berth number 21, starting from the ship 'BUNUN TREASURE' coming from Santarém, thus breaking the previous record set at the port. View the full content on Echourouk Online.
echoroukonline.comMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
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