Back

188,000 barrels per day.. New increase expected from OPEC+

July 5, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
188,000 barrels per day.. New increase expected from OPEC+

The OPEC+ alliance is set to approve a new increase in oil production starting from next August, amounting to 188,000 barrels per day, according to informed sources, in a move aimed at injecting more supplies into global markets amid falling crude prices and the resumption of export flows through the Strait of Hormuz. The sources, cited by Reuters, stated that the alliance, which includes the Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, has preliminarily reached an agreement to raise production quotas at the same pace as those set for June and July, with the decision to be presented for approval during the meeting scheduled for today, Sunday, via video conferencing.

Share on social media

Related Articles

إقتصاد - الشعب

Algeria is the top supplier of naphtha to Korea

Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).

Sep 13, 2026echaab.dz
Workers appear before import and disappear after!

Workers appear before import and disappear after!

The declaration of social insurance interests then disappearing in three months and returning at the beginning of July coincided with the period of processing import files, including workers, capacities, and demand size... All data became comparable. Sources from the foreign trade sector revealed striking numerical indicators that appeared during the analysis of data from some companies involved in import files, most notably the registration of workers with social security services during the period from January to March 2026, before the declarations of workers completely disappeared during April, May, and June, then returned again starting from July and continued until the end of September, coinciding with the period known for the submission and study of program files.

Sep 13, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.