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iol pic busrep Algeria Oil Challenges

Falling oil prices worry Algeria

With oil prices at their lowest in five years and showing few signs of hitting bottom, Algeria is feeling the pinch.

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Oil drops below $59 – first time in five years

OIL FELL below $59 (R686) a barrel for the first time since May 2009 yesterday, extending a six-month sell-off as slowing Chinese factory activity and weakening... Read Story


Crude oil drops to five-year low

CRUDE oil markets fell 3 percent or more to plumb new five-year lows on Friday after the world’s energy watchdog forecast even lower prices on weaker dema... Read Story

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Items 21 - 6 of 6