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OPEC+: Algeria and 6 countries decide on a collective increase in oil production starting from July

June 7, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
OPEC+: Algeria and 6 countries decide on a collective increase in oil production starting from July

Seven countries from the OPEC+ group, including Algeria, agreed today, Sunday, to a collective increase in oil production of 188,000 barrels per day starting from next July, according to a statement from the Ministry of Energy. The agreement came during a meeting of the seven countries as part of the OPEC+ cooperation announcement, which implements voluntary production adjustments (Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia), in which Algeria participated via video conferencing.

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