Algeria’s Oil Exports To France At Their Highest Level

Economic statistics revealed, on Monday, a noticeable hike in Algeria’s oil exports to France, which reached their highest levels within a year.

According to statistics, Algeria’s exports of crude oil and oil condensates increased last October to their highest level in six months.

Bloomberg News said that relevant statistics  related to the maritime shipping movement of Algerian oil exports indicate that these exports reached 475 thousand barrels per day in October after declining last September to their lowest level in 3 years.

It should be noted that Algeria’s exports of crude oil and oil condensates last September amounted to 313 thousand barrels per day only, and Algeria’s exports of crude oil during the previous month increased by 81 percent per month to 419 thousand barrels, while exports of oil condensates  slumped by 64 per cent.