Algeria Signs Oil, Gas Deal as OPEC Member Seeks to Boost Sales
Algeria will supply oil and other energy products to Jordan for the first time under a memorandum of understanding signed on Monday, as the OPEC member seeks to diversify sales after years of stagnating crude production. Algeria’s state-run Sonatrach Group will start shipping liquefied natural gas and liquefied petroleum gas to Jordan in September, followed […]
Global stocks rally as Buffett bites into Apple, oil eyes $50
World shares rose on Tuesday as technology giant Apple Inc’s biggest rise in over two months and oil’s march higher to near $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds. MSCI’s index of global shares rose 0.2 percent .MIWD00000PUS, putting it on track for its second consecutive rise, […]
