Areqab attends G7-OPEC+ meeting
The Algerian Minister of Energy and Mine, Mohamed Arkab, participated in a video conference coordinating meeting of the G7 OPEC+ countries, which included oil ministers from Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia. During the meeting, it was agreed to keep the production levels of the seven countries unchanged for the upcoming October, with Algeria's quota maintained at one million barrels per day for the same month, in an effort to stabilize the global oil market. The ministers also emphasized the importance of continuous coordination to monitor market developments and contribute to achieving balance and stability in oil prices.
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