×

Business Algeria

  • *Algeria seeks new financing sources after oil drop. ALGIERS, Sept 25- Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources of funding after the oil price slide, a senior financial official said. But the oil price drop since 2014 has put Algeria under financial pressure,...

  • Students acting as 'stand-ins' for Democratic presidential candidate Hillary Clinton and Republican presidential candidate Donald Trump take part in a rehearsal for the first U.S. presidential debate at Hofstra University on September 25, 2016 in Hempstead, New York.

    In this week's Trader Poll, tell us how the U.S. Presidential debate, OPEC meeting and nonfarm payroll will affect your trading strategy.

  • * "We won't come out of meeting empty-handed"- Algeria minister. SINGAPORE, Sept 26- Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers. Members of the Organization of the Petroleum Exporting Countries will meet on the...

  • SINGAPORE, Sept 26- Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum in Algeria from...

  • ALGIERS, Sept 25- All options are possible for OPEC concerning an output cut or freeze with producers agreed on the need to stabilize the market, Algerian Energy Minister Noureddine Bouterfa said on Sunday. Bouterfa repeated his remarks that the informal gathering in Algiers could become a formal OPEC meeting. Before the Algiers meeting, Saudi Arabia and Iran...

  • ALGIERS, Sept 25- All options are possible for OPEC concerning a cut or freeze of output with oil producers agreed on the need to stabilize the market, Algerian Energy Minister Noureddine Bouterfa said on Sunday. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum in Algeria from Sept....

  • ALGERIA ENERGY MINISTER SAYS' WE WILL NOT COME OUT OF MEETING EMPTY-HANDED' BEFORE ALGIERS OIL PRODUCER GATHERING.

  • ALGERIA ENERGY MINISTER SAYS ALGIERS GATHERING OF OIL PRODUCERS MAY TURN INTO FORMAL OPEC MEETING.

  • *Algeria seeks new financing sources after oil drop. ALGIERS, Sept 25- Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources of funding after the oil price slide, a senior financial official said. But the oil price drop since 2014 has put Algeria under financial pressure,...

  • *Algeria seeks new financing sources after oil drop. ALGIERS, Sept 25- Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources of funding after the oil price slide, a senior financial official said. But the oil price drop since 2014 has put Algeria under financial pressure,...

  • Darst: Watch DELAY

    David Darst, independent investment consultant, discusses his market theme of the week: D.E.L.A.Y

  • As if European politicians did not have enough on their plates grappling with Britain's exit from the European Union, Italy will start the countdown towards a high-stakes referendum on constitutional reform. With polls suggesting the vote-- expected in November or December-- could be close, and Prime Minister Matteo Renzi having staked his job on the vote, the...

  • NEW YORK, Sept 23- Oil prices fell sharply on Friday following a report that Saudi Arabia did not expect a deal at talks by major crude exporters next week aimed at freezing output and reining in a global glut, while world stock indexes edged lower. Traders cited a Bloomberg report that Saudi Arabia did not expect a decision at Algiers, where the biggest oil...

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, four sources familiar with the discussions told Reuters, as Riyadh tries to strike an elusive OPEC deal to curtail supply and boost prices. OPEC holds an informal meeting next week in Algiers, which non-OPEC Russia will also join.

  • NEW YORK, Sept 23- Oil prices fell about 3 percent on Friday, paring weekly gains, on a report that Saudi Arabia did not expect an agreement at talks next week among major crude exporters aimed at freezing production. Crude futures slumped after Bloomberg reported that Saudi Arabia did not expect a decision at Algiers, the capital of Algeria where the biggest oil...

  • CRUDE DOWN BY MORE THAN $1 A BARREL AFTER BLOOMBERG REPORTS SAUDI ARABIA DOESN'T EXPECT DECISION AT ALGIERS MEETING.

  • Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply and boost prices. The offer, yet to be accepted or rejected by Tehran, was made this month, the sources told Reuters ahead of three-day talks in Algeria beginning Monday...

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, four sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply and boost prices. OPEC holds an informal meeting next week in Algiers, which non-OPEC Russia will also join. Riyadh is ready to cut output to levels...

  • OPEC Algeria meeting will be a close one

    Miswin Mahesh, oil market analyst at Barclays, discusses potential outcomes for the upcoming OPEC meeting in Algiers.

  • DUBAI/ LONDON, Sept 22- As far as OPEC decision-making is concerned, Algeria, which plays host to oil ministers next week, has always been the land of surprises. The stars could align for OPEC again next week when its ministers return to Algiers and look ready to curb output for the first time in eight years, according to OPEC officials and sources.