Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Oil: Brent crude barrel at $70.75

Oil: Brent crude barrel at $70.75

Oil prices recorded a slight decline yesterday, Thursday, at settlement. Brent crude futures fell by 10 cents or 0.14 percent, reaching $70.75 per barrel at settlement. Meanwhile, West Texas Intermediate crude futures dropped by 21 cents or 0.32 percent, reaching $65.21 per barrel.

Feb 27, 2026radioalgerie.dz
AL24 | الاقتصاد

Oil Rises Amid Ongoing US-Iran Tensions

Oil prices rose slightly on Thursday as investors awaited whether US-Iran talks would avert a military conflict threatening supply disruptions, although gains were limited by an increase in US crude oil inventories. The price of Brent crude futures reached $71.04 per barrel, up 19 cents, or 0.3 percent, at 04:15 GMT. West Texas Intermediate futures rose 15 cents, or 0.2 percent, to $65.57 per barrel. Meanwhile, the prices of Brent and West Texas Intermediate remained largely unchanged on Wednesday. Brent had risen on Monday to its highest level in 31 days.

Feb 26, 2026al24news.dz
Oil Rises as US-Iranian Tensions Continue

Oil Rises as US-Iranian Tensions Continue

Oil prices rose slightly on Thursday as investors awaited whether US-Iranian talks would avert a military conflict threatening supply disruptions, although gains were limited by an increase in US crude oil inventories. The price of Brent crude futures reached $71.04 per barrel, up 19 cents, or 0.3 percent, at …

Feb 26, 2026al24news.dz