Tag: oil prices

Libya Pipeline Blast Sends Oil Prices Soaring

December 27, 2017

Reports of a pipeline explosion in Libya sent oil prices soaring to $60 a barrel, that is a two-and-a-half year highs. The blast reportedly sidelined ... Read More

Algeria’s Foreign Exchange Reserves to Shrink to $85 bln by end of 2018

December 25, 2017

The Algerian government has started to feel the heat of the falling oil and gas revenues, as the country’s foreign exchange reserves are expected to ... Read More

Algeria’s Current Fiscal Crisis Evokes Late 1980s Turmoil, Study Says

October 22, 2016

The Algerian economy has been heavily battered by the slump in oil prices evoking the catastrophic events of the late 1980s which plunged the country ... Read More

Algeria: Foreign Exchange Reserves to Fall to $116bln by End of 2016

July 17, 2016

The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister ... Read More

Algeria: 2,500 projects to be launched next year, Tourism Minister

November 17, 2015

Algerian Minister of Territorial Development, Tourism and Handicrafts announced Monday in Algiers the launch of 2,500 tourism projects in 2016 in a bid to strike ... Read More

Algeria : The time for reform is now, PM Sellal

March 31, 2015

At the opening ceremony of the two-day National Conference on External Trade taking place at the Palais des Nations in Algiers, Prime Minister Abdelmalek Sellal ... Read More