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Algeria’s oil output will be at 1.057 mln bpd in October – energy ministry

Tuesday, 06 September 2022 | 16:00

Algerian oil production in October will be at 1.057 million barrels per day (bpd), unchanged from September, Algeria’s Energy Ministry said in a statement on Monday.

The announcement followed a decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to cut output by 100,000 bpd – amounting to only 0.1% of global demand – for October.

The group’s members agreed that they could meet any time to adjust production before the next scheduled meeting on Oct. 5.
Source: Reuters (Reporting by Moataz Mohamed; Editing by Jan Harvey)

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