
Oil prices decline again
Oil prices fell by about 1% during trading on Tuesday, giving up some of the gains made in the previous session, amid anticipation of developments.
Government economic decisions, reforms, budgets, and fiscal policy

Oil prices fell by about 1% during trading on Tuesday, giving up some of the gains made in the previous session, amid anticipation of developments.

State Minister, Minister of Energy Mohamed Arkab receives Minister of Petroleum of the Republic of Niger Hamadou Tini

Morocco's trade deficit increased by 18.4% during the first four months of 2026, reaching 127 billion dirhams ($13.8 billion), amid a faster growth in imports compared to exports and a decline in foreign direct investment flows. Data from the Moroccan Foreign Exchange Office showed that imports rose by 12.7% year-on-year to 296 billion dirhams, while exports increased by only 8.7%, reaching 169 billion dirhams, leading to an expansion of the country's trade gap. Read the full content on Echourouk Online.

Oil-producing countries in the OPEC+ alliance are moving towards agreeing on a new increase in the production target for next July, despite the ongoing repercussions of the war with Iran that have so far prevented several countries from implementing previously planned production increases, according to three informed sources. The sources cited by Reuters indicated that the expected increase will be around 188,000 barrels per day, a level close to the quantity agreed upon for June, after being adjusted from 206,000 barrels per day to account for the UAE's withdrawal from the OPEC+ alliance at the beginning of May. Read the full content on الشروق أونلاين.

The Minister of Petroleum of the Republic of Niger, Mahamadou Tini, today, Tuesday, began a working visit to Algeria at the head of a high-level delegation that includes officials and executives from the Ministry of Petroleum and the national oil company 'SONIDEP'. He was received by the Nigerien minister and his accompanying delegation at the presidential VIP lounge at Houari Boumediene International Airport in Algiers by the Minister of State for Energy, Mohamed Arkab. Read the full content on Echourouk Online.

Algeria will host the fifth ministerial meeting of the steering committee for the Trans-Saharan gas pipeline project tomorrow, Wednesday, which will bring together the ministers responsible for the hydrocarbons sector from Algeria, Nigeria, and Niger, according to a statement from the Ministry of Hydrocarbons. This meeting, part of the ongoing coordination and consultation regarding this strategic continental project, will include the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, the Minister of State for Petroleum Resources in charge of gas in Nigeria, Ikperekpe Ikpo, and the Minister of Petroleum for Niger, Hamadou Tini.

This project is part of the New Partnership for Africa's Development (NEPAD).

The Minister of State, Minister of Energy, Mohamed Arqab, received today, Tuesday, at his ministerial office, the Minister of Petroleum of the Republic of Niger, Mr. Hamadou Tini, who is on a working visit to Algeria at the head of a high-level delegation, according to a statement from the ministry.

The Minister of Petroleum of the Republic of Niger, Hamadou Tini, began a working visit to Algeria today, Tuesday, leading a high-level delegation that includes officials and executives from the Ministry of Petroleum and the Nigerien National Petroleum Company 'Sonidep', according to a statement from the Ministry of Energy.

The Minister of Tourism and Traditional Industry, Houria Medahi, oversaw a coordination meeting that brought together directors of tourism and traditional industry and chambers of traditional industry and crafts from coastal provinces, aimed at assessing the progress of preparations for the launch of the 2026 summer season and evaluating various measures taken to ensure its success, according to a statement from the ministry today, Tuesday.

The Minister of Water Resources, Lounès Bouzegza, inaugurated yesterday the 21st edition of the International Equipment Exhibition.

The National Agency for Water Resources (ANRH) is at the forefront of the country's climate and economic challenges. Strong with