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OPEC+ Increases Production.. What Will Algeria's Oil Share Be in August?

July 5, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
OPEC+ Increases Production.. What Will Algeria's Oil Share Be in August?

The Ministry of Energy announced that Algeria will raise its oil production level to 1.001 million barrels per day starting from August 2026, an increase of 6,000 barrels per day, following the decision of the seven countries in the OPEC+ group to make a collective adjustment in production. The ministry clarified, in a statement, that Algeria participated, on Sunday, July 5, 2026, via video conferencing, in the meeting of the seven countries from the OPEC+ group concerned with implementing additional voluntary production adjustments, alongside Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia. View the full content on الشروق أونلاين.

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