ALGIERS-Algeria will increase its daily oil production by 16,000 barrels in August, said Thursday the Minister of Energy and Mines, Mohamed Arkab.

ALGIERS - The Organization of the Petroleum Exporting Countries (OPEC) held on Wednesday its 184th ministerial conference, devoted in particular to the international market situation.

ALGIERS - Minister of Energy and Mines, Mohamed Arkab, will participate, on Wednesday, by videoconference, in the work of the 184th Ministerial Conference of the Opec, said Tuesday the Ministry in a statement.

ALGIERS- The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed at the 29th ministerial meeting, on Thursday, to increase oil production by 648,000 barrels per day (bpd) in July, the minister of Energy and Mines, Mohamed Arkab, said.

ALGIERS-The Minister of Energy and Mines, Mohamed Arkab will partake Thursday in the 29^th OPEC-Non OPEC (OPEC+) Ministerial Meeting by videoconference, said the ministry said Wednesday in a communiqué.

ALGIERS-The President of the Republic, Abdelmadjid Tebboune received Sunday the Minister of Hydrocarbons of the Republic of Congo, President-in-Office of the OPEC Conference, Bruno Jean-Richard Itoua. 

ALGIERS-The price of Sahara Blend, which is Algeria’s benchmark crude, spiked by US$21.09 in March, supported by strong oil market fundamentals and concerns about supply disruption, said the Oil Petroleum Exporting Countries (OPEC) in its monthly report released Tuesday.

ALGIERS-Minister of Energy and Mines, Mohamed Arkab will attend Thursday the 27^th Ministerial Meeting of the OPEC and Non-OPEC (OPEC) by videoconference, the ministry announced Wednesday in a statement.

ALGIERS-Prices of Sahara Blend, the Algerian benchmark crude, jumped by 12.71 dollars in January, boosted by strong market demand and geopolitical tensions, the Organization of the Petroleum Exporting Countries (OPEC) said in its monthly report published Thursday.

ALGIERS-Algeria's representative to the Organization of Petroleum Exporting Countries (OPEC), Achraf Benhassine, has been appointed the country's new governor to the same organization, a source announced.