
Oil Prices Rise Supported by Chinese Economic Data
Oil prices rose during trading on Tuesday, supported by Chinese economic data that bolstered expectations for improved demand.
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Oil prices rose during trading on Tuesday, supported by Chinese economic data that bolstered expectations for improved demand.

Oil: Brent crude remains above 64 dollars a barrel Prices for oil have changed little during

Economy DZD aliqtissad dz Algeria economy news

Ouargla - The fifth edition of the International Salon of Construction, Public Works, and Oil Installations in the South kicked off today, Monday, with the participation of more than 70 exhibitors representing national and foreign companies.

The Minister of Energy and Renewable Energies, Mourad Ajjal, stated today, Monday in Tipaza, that all conditions are favorable for exporting green energies and that Algeria has a surplus in its production.

Tipaza - The Minister of Energy and Renewable Energies, Mourad Ajal, stated today in Tipaza that all conditions are favorable for exporting green energies and that Algeria has a surplus in its production.

Economy of Algeria news

Philippine President Ferdinand Marcos Jr. announced on Monday the discovery of a new natural gas well near the existing Malampaya gas field in the disputed waters off the South China Sea, which could provide protection for the country from a potential energy crisis. Marcos stated on Monday that the discovery of the gas reservoir located off the northwest coast of Palawan province is 'significant' and could provide...

DZD economy aliqtissad dz Algeria economic news

Algeria's exports of crude oil and oil derivatives transported by sea in 2025 exceeded 762,000 barrels per day, with the return of three Arab countries to the Algerian oil market of the 'Sahara Blend' type. According to data released by the Energy Platform, Algeria directed about 60% of its oil exports to five main markets, represented by South Korea with an average of 130,000 barrels per day, France with 105,000 barrels per day, Spain with 99,000 barrels per day, the United States with 69,000 barrels per day, in addition to the United Kingdom with 52,000 barrels per day. View the full content on الشروق أونلاين

Algeria's average oil production rose to 934,000 barrels per day in 2025, marking the highest level in over two and a half years, remaining among the top five oil-producing countries in Africa, with reserves estimated at around 12 billion barrels. According to a report from the energy research platform, Algeria's performance came in the context of improved oil production on the continent, with Nigeria, Libya, and then Angola leading the list of producers, while Algeria ranked fourth ahead of Egypt. Watch the full content on الشروق أونلاين.

The Minister of Energy and Renewable Energies reveals the launch date of the first phase.