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OPEC, partners renew production cut agreement until late 2018
  • 03 December 2017
  • News

 Twenty-four countries decided to maintain production cut of about 1.8 million barrels per day (bpd) until December 31, 2018, said Khalid Al-Falih, Saudi Arabian Minister of Energy, Industry and...

Iran, Algeria to enhance cooperation on water resources
  • 26 November 2017
  • News

Iranian envoy to Algeria Reza Ameri held a meeting with Minister of Water Resources Hussein Naseeb, in which they discussed ways to further boost cooperation in the field of water resources.During the...

Finance Minister Raouia takes part in Washington at G24 meeting
  • 15 October 2017
  • News

Finance Minister Abderrahmane Raouia attended the Group of 24 (G24) meeting on Growth and the Impact of Development on the World Economy.The meeting was attended by Christine Lagarde, Managing Directo...

International : OPEC oil price decreases
  • 10 October 2017
  • News

OPEC oil basket’s price reached $54.47 per barrel on Oct. 6, which is by $0.15 less than on Ocober 5, the cartel told Trend on October 9th.The price for December futures of the North Sea Brent oi...

Richard Thaler awarded 2017 Nobel prize in economics
  • 10 October 2017
  • News

Richard Thaler has been awarded the Nobel prize in economics for his work on how psychology influences decision making.His research, the committee said , had taken the field of behavioral economics fr...

OPEC takes additional measures to rebalance oil market
  • 09 October 2017
  • News

OPEC and major producing countries can take “some additional measures” next year to rebalance the oil market, OPEC Secretary General “Mohammad Sanusi Barkindo” said on Sunday.The pact between OPEC, Ru...

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