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Algeria’s crude prices drop below production cost
Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]
South Sudan Brokers Deal with Sudan’s Rival Forces to Safeguard Heglig Oil Field
South Sudan announced, on Thursday, 11 December, that it has secured a tripartite agreement with the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) to protect the Heglig oil field, after the RSF seized the site earlier in the week. Information Minister Ateny Wek Ateny said in Juba that the accord was reached […]
Tunisian lone wolf kills four in Synagogue attack
A Tunisian security officer killed two of his colleagues and two visitors of a synagogue, in an attack that bodes ill for Tunisia’s image and its slowly recovering tourism sector. The attack targeted an old synagogue in Djerba, crowded with visitors and hundreds of Jewish pilgrims from Europe and Israel. The attacker, a police officer […]



