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Tag: oil prices
Libya Pipeline Blast Sends Oil Prices Soaring
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
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
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
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
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
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