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Oil falls to four year low as global glut deepens

Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......

Emerging markets hit record highs amid Venezuela crisis

Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S.......

China sets steep tariffs on beef imports beyond new quota limits

China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will......

Oil prices sink as peace hopes in Ukraine stir oversupply fears

Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......

Oil prices decline as oversupply concerns outweigh geopolitical risks

Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......

Morocco strengthens global standing with $1.77 billion World Bank financing

Morocco has secured $1.77 billion in funding from the World Bank’s International Bank for Reconstruction and Development (IBRD) during the 2025 fiscal year, positioning itself as the 8th largest IBRD borrower globally. This achievement underscores the country’s growing economic collaboration......

Oil market faces historic oversupply as prices head lower through 2027

Oil prices have plummeted amid growing forecasts of a historic supply surplus extending into 2027, raising concerns among investors and analysts about prolonged market imbalance. Despite geopolitical uncertainties, the market is bracing for a significant glut driven by supply outpacing demand at an unprecedented......

Morocco sets record with 1,200 tons of lemon exports to UK

Morocco has achieved an unprecedented milestone in its lemon exports to the United Kingdom, shipping 1,200 tons between November 2024 and August 2025. This record-breaking achievement, valued at MAD 9.6 million ($920,000), reflects a 40-fold increase compared to the previous season, according to EastFruit.......

Global oil surplus expected to reach 4 million barrels per day by 2026, IEA warns

The International Energy Agency (IEA) has raised its global oil supply growth forecasts, cautioning that the market may face increasing imbalances in the coming years. According to the agency's latest monthly report, global oil supply is projected to outpace demand by 4 million barrels per day (bpd)......

Morocco and China strengthen strategic ties to boost trade and green investment

Morocco and China reaffirmed their shared commitment to deepening economic cooperation during a high-level meeting in Rabat, where Head of Government Aziz Akhannouch welcomed a delegation from China’s Anhui province led by Liang Yanshun, Secretary of the Chinese Communist Party for the region. The......

Morocco’s aerospace industry soars at record-breaking Casablanca summit

Morocco solidified its position as a global aerospace hub at the 8th edition of Aerospace Meetings Casablanca, which concluded on October 2. The three-day summit, held in Nouaceur, Casablanca, drew over 1,000 participants and facilitated more than 4,500 business meetings, highlighting the nation’s......

EU advances Mercosur trade deal as French resistance eases

The European Commission has formally submitted the EU-Mercosur trade agreement for ratification, signaling a critical step in the world's largest proposed free trade pact. This development comes amidst signs of softening opposition from France, traditionally one of the deal’s most vocal critics.......

Global demand for fertilizers boosts OCP Group’s profits in 2025

Morocco’s OCP Group, the world’s leading exporter of phosphates and fertilizers, has reported impressive financial growth for the second quarter of 2025, reflecting its pivotal role in global agriculture. Strong revenue growth OCP recorded revenues of MAD 30.57 billion (approximately $3......

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