The news, anew
Algerian Saharan Blend recorded an average price of 118.49 dollars per barrel during September 2026, an increase of 26% compared to August, ranking first among the most expensive oil crudes included in the OPEC basket, according to the organization’s monthly report. Algerian crude came ahead of Libyan Es Sider crude, which averaged 117.49 dollars per […]
Business
Algeria’s state grain agency is believed to have purchased between 660,000 and 720,000 tonnes of milling wheat in an international tender that closed on Tuesday, at prices ranging from $326 to $326.50 per tonne, cost and freight (C&F) included, according to updated information reported on Wednesday by Reuters, citing European traders. The estimated volume exceeds […]
Business
The Saudi National Development Fund (NDF) Governor Abdulaziz Al-Arifi revealed that the NDF and the Saudi Industrial Development Fund, in partnership with local and international financial institutions, have contributed to financing the green hydrogen project, with total investments amounting to SR31.5 billion.
Business
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday that developments in Saudi Arabia potentially have 'negative spillovers for everybody everywhere.'
