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Algeria's oil production exceeds one million barrels per day for the second consecutive month

October 16, 2026اقتصاد – الشروق أونلاينechoroukonline.com
Algeria's oil production exceeds one million barrels per day for the second consecutive month

Algeria's crude oil production surpassed one million barrels per day in September 2026, recording 1.003 million barrels, maintaining this level for the second consecutive month for the first time in over three years, amid expectations of continued increases during the last two months of the year, driven by easing voluntary production cuts within the OPEC+ alliance. According to data from the Organization of the Petroleum Exporting Countries (OPEC), Algerian production rose to about one million and 3 thousand barrels per day in September, compared to one million barrels per day in August, after remaining below this level since April 2023. This increase is part of a gradual trend that began at the start of this year, coinciding with the implementation of the alliance's plan to eliminate production cuts.

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