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Oil prices decline by about 1 percent in early trading

Oil prices decline by about 1 percent in early trading

Oil prices fell in early trading today, Thursday, by about 1 percent, amid a state of anticipation in global markets. Brent crude futures dropped by 89 cents or 1.12 percent to $78.66 per barrel, while West Texas Intermediate crude fell by 98 cents or 1.28 percent to $75.81 per barrel.

Jun 18, 2026radioalgerie.dz
Dollar Rises After Interest Rate Hold

Dollar Rises After Interest Rate Hold

The dollar continued its gains against the euro on Wednesday after the Federal Reserve (the U.S. central bank) kept interest rates unchanged. The Fed's statement showed that policymakers expect to raise borrowing costs later this year amid growing concerns about inflation. The euro fell by 0.5% to 1.1553 dollars, while the dollar recovered its losses against the yen to trade virtually unchanged at 160.435 yen.

Jun 18, 2026radioalgerie.dz
إقتصاد - الشعب

SONATRACH Signs Memorandum of Understanding with German Company 'VNG-AG'

Today, Wednesday, SONATRACH signed a memorandum of understanding with the German company 'VNG-AG' aimed at exploring cooperation opportunities in areas of mutual interest, particularly green hydrogen and reducing methane emissions, according to a statement from the group. The signing ceremony took place at the headquarters of SONATRACH, in the presence of the CEO of SONATRACH, Nourredine Daoudi, and the Chairman of the Board of 'VNG-AG'.

Jun 17, 2026echaab.dz
SONATRACH signs a memorandum of understanding with the German company 'VNG-AG'

SONATRACH signs a memorandum of understanding with the German company 'VNG-AG'

Today, Wednesday, SONATRACH signed a memorandum of understanding with the German company 'VNG-AG' aimed at exploring cooperation opportunities in areas of mutual interest, particularly green hydrogen and reducing methane emissions, according to a statement from the group. The signing ceremony took place at the headquarters of SONATRACH, in the presence of the CEO of SONATRACH, Nourredine Daoudi, and the Chairman of the Board of 'VNG-AG', Mr. Ulf Heitmüller, and Mr. Hans-Joachim Polke, a member of the company's board, the statement adds.

Jun 17, 2026radioalgerie.dz

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