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Showing 3,193–3,204 of 3,340 articles
Energy & Hydrocarbons
AL24 | الاقتصاد

Algeria emphasizes to the OPEC+ alliance the importance of greater vigilance

Algeria stressed today, Sunday, the importance of exercising greater vigilance and enhancing close coordination both within the group of eight countries of the OPEC+ alliance and with all the countries participating in the cooperation declaration. This call from Algeria came during the participation of the Minister of State, Minister of Energy and Mines, Mohamed Arkab, today via videoconference in the coordinating meeting of the group of countries...

Jan 4, 2026al24news.dz
Energy & Hydrocarbons
OPEC+ Aims to Maintain Current Production Levels

OPEC+ Aims to Maintain Current Production Levels

Reuters reported that three delegates from the OPEC+ alliance indicated that the group is set to keep oil production levels unchanged during its meeting today, Sunday, despite the halt of Venezuelan supplies to global markets. This meeting comes after oil prices fell by more than 18% during 2025, marking the largest annual drop since 2020, amid growing concerns of an oversupply in the global market. Read the full content on Echourouk Online.

Jan 4, 2026echoroukonline.com
Energy & Hydrocarbons
AL24 | الاقتصاد

OPEC+ meets today amid the possibility of maintaining current oil production levels

Delegates from OPEC+ have suggested that the alliance will keep oil production levels unchanged during its meeting today, Sunday, despite recent tensions and developments. Today's meeting of eight members of the OPEC+ alliance, which pumps about half of the world's oil, comes after oil prices fell by more than 18 percent in 2025, marking the largest annual decline since...

Jan 4, 2026al24news.dz
Trade & Exports
Complete paralysis in Venezuelan oil exports

Complete paralysis in Venezuelan oil exports

Venezuelan oil exports are experiencing a complete halt amid escalating political unrest and tightened U.S. sanctions, according to four informed sources, confirming that Venezuelan ports have not received any requests allowing loaded ships to leave the country. This paralysis comes after exports fell to their lowest levels, following U.S. President Donald Trump's announcement of a comprehensive blockade on all oil tankers subject to sanctions entering or leaving Venezuelan territorial waters. Trump confirmed on Saturday that an 'oil embargo' on Venezuela is now fully in effect. Read the full content on Echourouk Online.

Jan 4, 2026echoroukonline.com
Energy & Hydrocarbons
OPEC+ countries reaffirm their commitment to freeze oil production increases during the first quarter

OPEC+ countries reaffirm their commitment to freeze oil production increases during the first quarter

Algeria and seven other countries in the OPEC+ alliance confirmed on Sunday their decision to freeze gradual increases in oil production during the first quarter of the current year 2026. This came during a ministerial meeting, via remote video conferencing, that included the eight member countries of OPEC+ (the Organization of the Petroleum Exporting Countries and its allies outside the organization), which implemented voluntary production cuts starting from April 2023.

Jan 4, 2026radioalgerie.dz