SPY444.02+6.16 1.41%
DIA348.03+5.53 1.61%
IXIC15,064.58+167.73 1.13%

Algeria's oil production 932,000 bpd in Sept, 942,000 bpd in Oct, energy minister says

reuters.com · 09/01/2021 15:13
Algeria's oil production 932,000 bpd in Sept, 942,000 bpd in Oct, energy minister says

- Algeria's oil production will be 932,000 barrels per day (bpd) in September and 942,000 bpd in October, the North African country's energy minister said on Wednesday.

Overall compliance with OPEC+ production agreements reached 110% in August, the minister, Mohamed Arkab, said in statements carried by state news agency APS.

"This very positive percentage" proves the commitment of OPEC+ producers to strengthening the efforts aimed at stabilizing oil prices, he added.




(Reporting by Ahmad Elhamy; Editing by Leslie Adler)

((ahmad.elhamy@thomsonreuters.com; +201023399104; Reuters Messaging: ahmad.elhamy.thomsonreuters.com@reuters.net))