China launches satellite for Algeria

China launched an Algerian remote sensing satellite from the Jiuquan Satellite Launch Center in northwest China on Saturday.

A Long March-2C carrier rocket lifted off from the launch center at 12:01 (Beijing Time), successfully sending the satellite into its planned orbit.

The Algerian satellite will be primarily used for land planning and disaster prevention and mitigation.

Saturday's launch marked the 629th mission of China's Long March rocket series.

China launches satellite for Algeria

China launches satellite for Algeria

Oil prices declined on Friday.

The West Texas Intermediate for March delivery decreased by 21 cents, or 0.32 percent, to settle at 65.21 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery dropped 2 cents, or 0.03 percent, to settle at 70.69 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle lower