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Historic Decline in Saudi Oil Production - Iqtissad Al Balad

Historic Decline in Saudi Oil Production - Iqtissad Al Balad

Global energy markets are experiencing a dramatic turn reminiscent of the Gulf War of 1990; Saudi Arabia recorded a sharp decline in its oil production to 6.316 million barrels per day in April. This drop, the lowest in over three decades, is not just a passing number but an indicator of a geopolitical earthquake hitting the core of the global economy.

May 14, 2026iqtissadalbalad.dz
AL24 News

AL24 News

The German Federal Statistical Office announced yesterday, Wednesday, a 37.3 percent increase in oil product prices in wholesale trade during April compared to the same month last year and a 12.7 percent increase compared to March. The office clarified in a statement that wholesale selling prices in Germany rose overall in April by 6.3 percent year-on-year.

May 14, 2026al24news.dz
Chinese President Promises American Business Leaders Greater Facilitation During Meeting in Beijing

Chinese President Promises American Business Leaders Greater Facilitation During Meeting in Beijing

The Chinese state news agency Xinhua reported that Chinese President Xi Jinping told American executives accompanying U.S. President Donald Trump during his visit to Beijing that China’s doors will be wide open and that he believes American companies will enjoy broader prospects in the country. China Central Television reported that Xi met with the delegation of executives in the Great Hall of the People.

May 14, 2026al24news.dz
AL24 | الاقتصاد

The White House: The Chinese President Expressed Interest in Buying American Oil

A statement issued by the White House today, Thursday, regarding the summit between U.S. President Donald Trump and his Chinese counterpart Xi Jinping, indicated that the latter expressed interest in purchasing more American oil to reduce Beijing's reliance on oil imported through the Strait of Hormuz. There was no mention of oil purchases in any of the Chinese summaries of the meeting published by official media.

May 14, 2026al24news.dz
Chadian official delegation in Algeria to benefit from national expertise in operating power plants

Chadian official delegation in Algeria to benefit from national expertise in operating power plants

Algeria - The Minister of Water and Energy of the Republic of Chad, Basali Kanabi Marcelin, at the head of a delegation of officials, has begun a working visit to Algeria to benefit from national expertise in the field of operating power plants and network control, in anticipation of the realization of the SONELGAZ project for the construction of a power plant with a capacity of 40 megawatts in the Republic of Chad.

May 14, 2026aps.dz
Chadian official delegation in Algeria to benefit from national expertise in operating power stations

Chadian official delegation in Algeria to benefit from national expertise in operating power stations

The Minister of Water and Energy of the Republic of Chad, Basali Kanabi Marcelin, at the head of a delegation of officials, has begun a working visit to Algeria to benefit from national expertise in the field of operating power stations and controlling the network, in anticipation of the realization of the SONELGAZ project for a power station with a capacity of 40 megawatts in the Republic of Chad.

May 14, 2026radioalgerie.dz

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