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Oil: Algeria Drops the Price of Its Sahara Blend, Here's Why

Sonatrach reduced the official selling price of Sahara Blend for the month of July 2026. The Algerian national company reduced its oil premium to 40 cents above the Brent, compared to $1.10 in June. A decision that reflects the evolution of the world oil market while preserving the competitiveness of Algerian crude oil. Sahara Blend, the main crude oil exported by Algeria, remains one of the most sought-after references by international refineri…
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Sonatrach reduced the official selling price of Sahara Blend for the month of July 2026. The Algerian national company reduced its oil premium to 40 cents above the Brent, compared to $1.10 in June. A decision that reflects the evolution of the world oil market while preserving the competitiveness of Algerian crude oil. Sahara Blend, the main crude oil exported by Algeria, remains one of the most sought-after references by international refineri…

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observalgerie.com broke the news on Sunday, July 5, 2026.
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