Trade & Exports

Import/export, trade agreements, customs, and international commerce

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Oil May Exceed $100 in 2027

Oil May Exceed $100 in 2027

The CEO of the Italian energy company Eni, Claudio Descalzi, warned of the possibility that global oil prices could exceed $100 per barrel in the early months of 2027, if geopolitical tensions in the Middle East and disruptions in crude supplies continue. Descalzi explained, according to media reports, that oil prices could move out of their current range of $80 to $100 per barrel by the first quarter of 2027 at the latest if escalation in the region continues, noting that this could raise global inflation rates and reduce energy demand. View the full content on Echourouk Online.

Jul 12, 2026echoroukonline.com
Opening of the Gordie Howe International Bridge Ends Tensions Between Canada and the United States

Opening of the Gordie Howe International Bridge Ends Tensions Between Canada and the United States

The United States and Canada are preparing to open the Gordie Howe International Bridge, which connects Detroit to the city of Windsor in Ontario, on July 27, after its operation was delayed. The decision comes after the Canadian government agreed to grant Washington a share of the net profits from toll fees, according to Bloomberg, citing informed officials. The agreement ends a tension between ...

Jul 11, 2026al24news.dz
Oil demand recovers.. Growth of 1.2 million barrels in the last quarter

Oil demand recovers.. Growth of 1.2 million barrels in the last quarter

The International Energy Agency has lowered its forecast for the contraction of global oil demand in 2026 to one million barrels per day, compared to 1.1 million barrels per day in its previous estimates, with an expected average global consumption of 103.5 million barrels per day, according to the agency's latest report released yesterday, Friday. The agency predicted that global oil demand would begin to recover during the fourth quarter of this year with an increase of 1.2 million barrels per day, after a sharp decline during the first half of the year, and it also anticipated an increase in demand of about two million barrels per day in 2027, despite the growth rate remaining below historical averages. View the full content on الشروق أونلاين

Jul 11, 2026echoroukonline.com
Algeria Tops Gas Suppliers to Spain with a Share of 42.7%

Algeria Tops Gas Suppliers to Spain with a Share of 42.7%

Algeria maintained its position as the largest supplier of natural gas to Spain in 2026, with exports reaching 13,367 gigawatt-hours in May, marking an increase of 64.2% compared to the same period last year, capturing 42.7% of total Spanish gas imports during the month, according to the Spanish newspaper 'La Razón' based on data from the Spanish Strategic Petroleum Reserves Agency. The newspaper noted that Algeria strengthened its leadership in the Spanish market during the first five months of the year, with exports totaling 53,770 gigawatt-hours between January and May, an annual increase of 8.6%, thus remaining the main gas supplier...

Jul 10, 2026echoroukonline.com
Algeria Ranks Seventh in the World for Liquefied Natural Gas

Algeria Ranks Seventh in the World for Liquefied Natural Gas

The global capacity for liquefied natural gas reached approximately 524.5 million tons annually by the end of 2025, marking a growth of 30.1 million tons per year compared to the previous year, supported by the commissioning of new projects in the United States, Canada, and other regions. Algeria ranked seventh globally with an operational capacity of 25.5 million tons per year. A recent report from the International Gas Union, reviewed by the specialized Energy Research Unit, indicated that the enhancement of global liquefaction capacities coincided with new projects totaling 68.4 million tons per year receiving final investment decisions, the highest level since 2019. View the full content on الشروق أونلاين...

Jul 10, 2026echoroukonline.com
With a capacity of 25.5 million tons annually.. Algeria is the seventh largest global power in LNG production

With a capacity of 25.5 million tons annually.. Algeria is the seventh largest global power in LNG production

The global capacity for liquefied natural gas reached approximately 524.5 million tons annually by the end of 2025, marking a growth of 30.1 million tons annually compared to the previous year, supported by the commissioning of new projects in the United States, Canada, and other regions. Algeria ranked seventh globally with an operational capacity of 25.5 million tons annually. A recent report from the International Gas Union, reviewed by the specialized Energy Research Unit, indicated that the enhancement of global liquefaction capacities coincided with new projects totaling 68.4 million tons annually receiving final investment decisions, the highest level since 2019. View the full content on الشروق أونلاين...

Jul 10, 2026echoroukonline.com
Brent crude at $76.30 per barrel

Brent crude at $76.30 per barrel

On Thursday, oil prices recorded a decline of about 2 percent at settlement. Brent crude futures fell by $1.72 or 2.2 percent at settlement, reaching $76.30 per barrel. Meanwhile, West Texas Intermediate futures dropped by $1.44 or 1.96 percent, reaching $72.08 per barrel.

Jul 10, 2026radioalgerie.dz
New American Strikes on Iran Support Global Oil Gains

New American Strikes on Iran Support Global Oil Gains

Oil prices rose on Thursday amid escalating geopolitical tensions following the United States' execution of new strikes targeting sites inside Iran, raising market concerns about the stability of global energy supplies and the security of navigation in the Strait of Hormuz. Brent crude futures recorded an increase of 88 cents, equivalent to 1.13 percent, reaching $78.90 per barrel, while futures contracts...

Jul 9, 2026al24news.dz
Mr. Rzig discusses with the CEO of Huawei Algeria ways to enhance cooperation in the field of digitization in the foreign trade sector

Mr. Rzig discusses with the CEO of Huawei Algeria ways to enhance cooperation in the field of digitization in the foreign trade sector

Algeria - The Minister of Foreign Trade and Export Promotion, Kamal Rzig, received today, Wednesday, in Algiers, the CEO of Huawei Algeria, Tony Tony Shi, where they discussed ways to enhance cooperation in the field of digital transformation and the development of digital services related to foreign trade, according to a statement from the ministry.

Jul 9, 2026aps.dz