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The trend of rising crude oil prices continues in August: The oil boom boosts our revenues

August 18, 2026ECOTIMESecotimesdz.comTranslated from French
The trend of rising crude oil prices continues in August: The oil boom boosts our revenues

Driven by the continuous rise in global crude oil prices and the increase in production volumes, Algeria's foreign currency revenues from hydrocarbons are expected to be massive for 2026. Despite a high-tension international geopolitical context disrupting global supply, this favorable situation offers a real financial breath of fresh air to the country. A strategic opportunity that should allow the Algerian economy to offset the rise in its imports and to finance its heavy investments in infrastructure and the mining sector with ease.

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