Back
Energy & HydrocarbonsEconomic PolicyTrade & Exports

Oil prices rise by more than 3 percent

October 17, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Oil prices rise by more than 3 percent

Oil prices rose by more than 3% and are on track to achieve weekly gains, according to media reports on Friday. Brent crude futures increased by $3.41 or 3.2% to $109.34 per barrel by 16:41 GMT, while West Texas Intermediate crude futures rose by $2.74 or 2.8% to $100.67, surpassing the $100 mark for the first time since September 21.

Read Full Article
Share on social media

Related Articles

Manufacturing & Industry
Africa's Richest Man Cites Algerian Project.. Here Are Its Figures and Details

Africa's Richest Man Cites Algerian Project.. Here Are Its Figures and Details

Nigerian businessman Aliko Dangote revealed his group's plans to invest up to $50 billion in the manufacturing sector in Africa by the end of 2030, noting that Algeria intends to enter the production of Linear Alkylbenzene (LAB) with an annual capacity of 100,000 tons, through a strategic petrochemical project underway in Skikda, according to statements reported by 'Business Insider Africa'. Read the full content on Echourouk Online.

Oct 17, 2026echoroukonline.com
Economic Policy
President Tebboune Reveals Algeria's Economic Stakes Until 2028

President Tebboune Reveals Algeria's Economic Stakes Until 2028

The President of the Republic, Abdelmadjid Tebboune, announced a series of economic goals and strategic projects, most notably connecting Tamanrasset to the railway network before the end of 2028, completing the trans-Saharan road and linking it to Chad, Niger, and Mali before the end of 2027, in addition to manufacturing a fully Algerian car by the end of 2028, emphasizing the continuation of efforts to diversify the economy and enhance national production. President Tebboune stated during the annual speech before economic operators that Algeria seeks to continue its economic transformation and transition from a managed economy to a free economy based on liberating economic initiative while maintaining social and economic stability. He confirmed that the recorded indicators reflect a significant difference.

Oct 17, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.