Import/export, trade agreements, customs, and international commerce
Oil prices recorded an increase of more than 9 percent at settlement yesterday, Thursday. Brent crude futures rose by $8.48 per barrel or 9.22 percent to reach $100.46 per barrel at settlement, marking the highest level since August 2022. West Texas Intermediate crude futures also rose by $8.48 or 9.72 percent to reach $95.73 per barrel at settlement.
radioalgerie.dz
The tourism and traditional industries sector continues its series of participations in major international promotional events, as it showcased its presence at the 32nd edition of the International Tourism and Travel Fair - "MIT Moscow", which is taking place in the Russian capital Moscow from March 11 to 13, 2026.
radioalgerie.dz
The Minister of Foreign Trade and Export Promotion, Kamel Rziq, praised the quality of national production of confectionery manufacturing supplies, confirming that it has reached a level
echaab.dz
Algeria - The Director General of Algerian Customs, Major General Abdel Hafiz Bekhouch, participated in Geneva (Switzerland) in the works of the 11th session of the Technical Implementation Body of the International Goods Transport Agreement, as stated today, Thursday, in a statement from the General Directorate of Customs.
aps.dz
Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, praised today in Algiers the quality of national production of confectionery supplies, confirming that it has reached an advanced level in terms of quality and packaging.
aps.dz
The head of the International Energy Agency, Fatih Birol, announced that member countries reached an agreement to withdraw 400 million barrels from strategic oil reserves to compensate for the supply shortage caused by military escalation in the Gulf and Middle East, marking the largest amount ever withdrawn in the agency's history.
echaab.dz
Algeria has maintained its position as the leading gas supplier to Spain over the past twelve months, supplying the Spanish market with approximately 107,114 GWh between March 2025 and February 2026, which accounts for 34.1% of the country's total imports, surpassing the United States and Russia, according to data from Enagas, the operator of the Spanish gas network. Algerian supplies to Spain primarily reach via the Medgaz gas pipeline, while gas from the United States and Russia is supplied in the form of liquefied natural gas transported by sea. Read the full content on Echourouk Online.
echoroukonline.com
South Korea's exports of information and communication technology products reached $33.6 billion in February, compared to $16.5 billion during the same period last year. The Korean Ministry of Science and ICT stated that ICT exports accounted for 49.8% of the country's total exports of $67.45 billion in February. In this context, semiconductor exports surged by 160% to over $25 billion, while smartphone exports rose by 16.9% last month to $1.24 billion, and exports of computers and accessories reached $2.72 billion.
al24news.dz
South Korea's exports of information and communication technology products reached $33.6 billion in February, compared to $16.5 billion during the same period last year. The Korean Ministry of Science and Information and Communication Technology stated that information and communication technology exports accounted for 49.8 percent of the country's total exports of $67.45 billion in February.
al24news.dz
The Algerian Saharan blend topped the list of the most expensive Arab crude oils in February 2026, recording $73.59 per barrel compared to $67.73 in January, an increase of $5.86. According to the report from OPEC released yesterday, the average price of the OPEC basket rose to $67.90 per barrel compared to $62.31 in the previous month. View the full content on الشروق أونلاين.
echoroukonline.com
Iran has warned that the world must prepare for the possibility of oil prices reaching $200 per barrel, following its forces launching attacks on commercial ships in the Gulf, according to Iranian media reports. These warnings come amid escalating regional tensions following a war that began with joint American-Israeli airstrikes about two weeks ago, resulting in the deaths of around two thousand people, mostly Iranians and Lebanese, and causing significant damage to global energy and transportation markets. Read the full content on الشروق أونلاين.
echoroukonline.com
European traders said that the Algerian Professional Office of Cereals is believed to have purchased between 150,000 and 200,000 tons of milling wheat in an international tender held on Tuesday, with shipments to be made to only two ports in Algeria. The traders added, according to Reuters, that the purchased quantity represents the minimum of expectations that indicated on Tuesday evening a purchase of about 200,000 tons. The purchase price was estimated at about $291 per ton, including costs and shipping, which is the same level estimated the previous day. Read the full content on Echourouk Online.
echoroukonline.com