A fuel pump is pictured at Agil gas station in Tunis,Tunisia February 3, 2016. AGIL is Tunisian National Company of Oil distribution. REUTERS/Zohra Bensemra
Tunisia is studying hedging fuel purchases after the sharp drop in oil prices following the coronavirus crisis, in order to reduce its energy deficit, the finance minister said on Tuesday.
Nizar Yaich added that Tunisia would benefit from lower prices.
The clash of oil titans Saudi Arabia and Russia sparked a 25% slump in crude prices on Monday to reach its lowest level since 1991. Brent oil prices on Tuesday were at $37 per barrel.
Tunisia expects that hydrocarbon subsidies will reach 1.8 billion dinars, out of a total of 4 billion dinars allocated for all subsidies.
A joint working session took place this Thursday evening at the headquarters of the Ministry…
A specialized brigade of the National Guard in Sousse was able to apprehend a woman…
The Center for Research in Astronomy, Astrophysics and Geophysics in Algeria registeredthis evening, Thursday, May…
A citizen from the town of Al Kalaa Kobra confirmed that his mother was surprised…
Palestinian President Mahmoud Abbas accused, in his address today before the Arab summit in Manama,…
Palestinian President Mahmoud Abbas stated that American support for Israel "calls into question international legitimacy…
This website uses cookies.