
Oil: Crude pauses in the face of maritime risks
Analysis of oil prices (Brent, WTI) as of July 2, 2026: geopolitical impacts, US stocks, and OPEC+ strategy.
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Analysis of oil prices (Brent, WTI) as of July 2, 2026: geopolitical impacts, US stocks, and OPEC+ strategy.

Gold prices rose in trading on Thursday, while oil prices continued their noticeable decline and losses in global markets, as the dollar remained stable with investors closely monitoring official U.S. job data, which could clearly outline the upcoming monetary policy directions of the U.S. Federal Reserve. Gold in spot transactions rose to about $4068.61 per ounce, up by 0.92% at the time of writing, after touching its highest recorded levels since June 23 in the previous session, while U.S. futures contracts for gold for August delivery rose to $4082.70 per ounce. View the full content on the...

The latest 2026 edition of the World Energy statistical review, a global reference for statistical data on the energy sector worldwide, has just been released. It reports on the evolution of production, exports, and consumption on a global scale concerning both hydrocarbons and other fossil energies as well as the development of renewable energies, biofuels, or green hydrogen. The document also presents the supply of electricity and rare minerals worldwide in 2025. It emerges that Algeria ranks as...

Algeria - The National Company for Marketing and Distribution of Petroleum Products 'Naftal' announced today, Wednesday, that its services will continue normally during the period from July 2 to 5, coinciding with the legislative elections and the celebrations marking the 64th anniversary of Independence Day.

Algeria - The National Company for Marketing and Distribution of Petroleum Products 'Naftal' announced today, Wednesday, that its services will continue normally during the period from July 2 to 5, coinciding with the legislative elections and the celebrations marking the 64th anniversary of Independence Day.

Oil prices rose on Wednesday after reports that Iran would not meet with U.S. President Donald Trump's envoys in Qatar, increasing pressure on the temporary ceasefire.

Naftal announced that its services will continue normally during the period from July 2 to 5, coinciding with the legislative elections and the celebrations marking the 64th anniversary of Independence Day. The company confirmed in a statement today, Wednesday, that all its stations and sales points will continue their activities according to the 24-hour duty system, as is customary throughout the year, to ensure a regular and continuous supply of various petroleum products across the national territory.

The United States maintained its leadership in 2025.

The National Company for Marketing and Distribution of Petroleum Products 'Naftal' announced this Wednesday that its services will continue normally during the period from July 2 to July 5, coinciding with the legislative elections and the celebrations marking the 64th anniversary of Independence Day. The company clarified in a statement that all its stations and sales points will continue to operate under the 24-hour duty system, as is the case throughout the year.

Oil prices are heading for the largest quarterly losses since the COVID-19 pandemic in early 2020. August Brent crude futures, which expire on Tuesday, fell by 0.3 percent or 23 cents to settle at $72.92 a barrel, while West Texas Intermediate crude for August also dropped by 1.8 percent or $1.25, reaching $69.50 a barrel. Both crude benchmarks are nearing the levels at which they were trading on February 27.

Algeria strengthens its electrical network with 1480 MW of solar power in 2026. Aiming for 15,000 MW by 2035.

Algeria and Norway strengthen their energy cooperation: hydrocarbons, transition, and new investments.