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Oil prices drop to their lowest level in over 3 months

Oil prices drop to their lowest level in over 3 months

Oil prices fell by more than 5 percent at settlement on Wednesday, marking their lowest level in over three months. Brent crude futures dropped by $4.21, equivalent to 5.1 percent, settling at $78.96 per barrel, while West Texas Intermediate crude fell by $4.70, equivalent to 5.8 percent, recording $76.05. Brent contracts saw their lowest close since March 2, while U.S. crude prices were at their lowest closing level since the fourth of the same month.

Jun 17, 2026radioalgerie.dz
"Algeria Exhibitions" Reveals Event Program

"Algeria Exhibitions" Reveals Event Program

Algeria - "Algeria Exhibitions", a branch of the Safex Group, announced today, Tuesday, in a statement, the program for the 57th edition of the International Exhibition of Algeria, which will be held at the Exhibition Palace from June 22 to 27, under the high patronage of the President of the Republic, Mr. Abdelmadjid Tebboune.

Jun 17, 2026aps.dz
Algeria International Exhibition: 'Algeria Exhibitions' Reveals the Event Program

Algeria International Exhibition: 'Algeria Exhibitions' Reveals the Event Program

'Algeria Exhibitions', a branch of the Safex Group, announced today, Tuesday, in a statement, the program for the 57th edition of the Algeria International Exhibition, which will be held at the Exhibition Palace from June 22 to 27, under the high patronage of the President of the Republic, Mr. Abdelmadjid Tebboune. The new 'Palestine Pavilion' will host a series of specialized seminars and discussion sessions from June 23 to 25, with the participation of experts, officials, and economic operators.

Jun 16, 2026radioalgerie.dz
Air Algérie Launches Algiers-Libreville Route

Air Algérie Launches Algiers-Libreville Route

Algiers - Today, the Air Algérie group launched the inaugural flight of the route connecting Algiers and the Gabonese capital Libreville from Houari Boumediene International Airport, in a move that allows the national carrier to strengthen its network across the African continent.

Jun 16, 2026aps.dz
African Oil Producers Organization Prepares Continental Platform for Tenders to Enhance Local Content

African Oil Producers Organization Prepares Continental Platform for Tenders to Enhance Local Content

The African Oil Producers Organization is preparing to launch a new interactive platform soon aimed at enhancing local content and engaging African institutions in tenders and bids related to the energy sector, according to the organization's Secretary-General, Algerian Fred Ghazali, who called for strengthening continental cooperation in hydrocarbon projects. In an interview with the Algerian News Agency, Ghazali explained that this digital tool …

Jun 16, 2026al24news.dz
Launch of the 'DigiEnR' Project for Digitizing the Integration of Renewable Energies and Enhancing Algerian-German Cooperation

Launch of the 'DigiEnR' Project for Digitizing the Integration of Renewable Energies and Enhancing Algerian-German Cooperation

Algeria - An agreement was signed in Algiers for the implementation of the 'DigiEnR' project related to the digitization of the integration of renewable energies into the national electricity system, between the Ministry of Energy and Renewable Energies and the German Agency for International Cooperation, during a planning workshop dedicated to the project, according to a statement from the ministry.

Jun 16, 2026aps.dz
African Oil Producers Organization Prepares for Continental Bidding Platform to Enhance Local Content

African Oil Producers Organization Prepares for Continental Bidding Platform to Enhance Local Content

Algeria - The African Oil Producers Organization is preparing to launch a new interactive platform soon aimed at enhancing local content and involving African institutions in tenders and bids related to the energy sector, according to the organization's Secretary-General, Algerian Farid Ghazali, who called for strengthening continental cooperation in hydrocarbon projects.

Jun 16, 2026aps.dz

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