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OPEC Algeria Newsletter
  • Nigeria’s economy slips to fourth place behind South Africa, Egypt, Algeria 19 Apr 2024 17:29 GMT

    … , behind South Africa, Egypt, and Algeria. This is according to a … prices this year, lagging behind Algeria at $267 billion, Egypt at … . Algeria, a member of the Organisation of Petroleum Exporting Countries, OPEC+, has …

  • Why Angola left OPEC 18 Apr 2024 09:00 GMT

    … of Petroleum Exporting Countries (OPEC) effective January 1, 2024 … quota determined by OPEC,” Angola’s OPEC Governor Estevao Pedro … ) and Algeria (9.8%) – all of which are OPEC members  … announced their commitment to OPEC. The reputational damage has …

  • OPEC: Nigeria’s oil production dropped by 6% to 1.23m bpd in March 12 Apr 2024 00:06 GMT

    … of Petroleum Exporting Countries (OPEC) says Nigeria’s average … communication with Nigerian authorities. OPEC receives data on crude … the month under review). Algeria was the third-largest … to secondary sources, total OPEC-12 crude oil production averaged …

  • OPEC countries participating in OPEC+ deal boost output in March by 10,000 bpd 11 Apr 2024 15:30 GMT

    … Venezuela) participating in the OPEC+ transaction boosted oil production … Since 2024 within the OPEC+ deal new targeted production … the alliance, including certain OPEC countries, stick to. Total … the UAE, Kuwait and Algeria voluntarily reduce production by a …

  • OPEC+ output up to 41.25 mil b/d in March, no progress on compliance: Platts survey 10 Apr 2024 10:54 GMT

    … your experience. Register Now OPEC+ crude output in March was … . The survey showed that OPEC+ countries implementing cuts produced … alliance is navigating rising non-OPEC+ crude supply, including from … OPEC-9 Mar-24 Change Feb-24 Quota Over/under Algeria …

  • Crude prices could hit $100/b this year if OPEC maintains cuts: Vitol's Hardy 09 Apr 2024 21:22 GMT

    … of robust economic fundamentals. OPEC+ has also taken some … 39;s Sebastian Barrack said OPEC+ has "definitely regained … quot;OPEC+ Six" — Iraq, the United Arab Emirates, Kuwait, Algeria, … quotas, the two largest OPEC+ producers, Russia and Saudi …

  • Algerians question president for calling an early election without announcing his own campaign 04 Apr 2024 14:49 GMT

    … new school year for many Algerians inside and outside the … . Even in cooler months, Algeria has struggled to get voters … partner for Western nations. An OPEC member, it has long funded … date. The Socialist Forces Front, Algeria’s largest opposition party, has …

  • Oil Market Set to Tighten as OPEC+ Sticks With Production Cuts 03 Apr 2024 23:46 GMT

    … .  The JMMC is the OPEC+ panel that monitors the … possible actions to the full OPEC+ ministerial meetings. After a … ahead of a planned full OPEC and OPEC+ ministerial meetings, which are … Emirates (UAE), Kuwait, Kazakhstan, Algeria, Oman, and Russia are now …

  • OPEC oil output falls in March, led by Iraq - Reuters survey 01 Apr 2024 14:04 GMT

    … the wider OPEC+ alliance. The Organization of the Petroleum Exporting Countries pumped 26 … Several members of OPEC+, which includes OPEC, Russia and other … survey found, as did Algeria. Output in Iran, … at oil companies, OPEC and consultants. (Additional …

  • OPEC+ Panel Unlikely to Propose Policy Changes as Oil Prices Hit 2024 High 02 Apr 2024 18:28 GMT

    … Monitoring Committee (JMMC) of OPEC+ is unlikely to propose … Reuters’s sources said.   OPEC+ members collectively decided to … Emirates (UAE), Kuwait, Kazakhstan, Algeria, Oman, and Russia are now … of the voluntary cuts OPEC+ previously announced in April …

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