Algeria Economy

Algeria’s crude oil production has remained closely aligned with its OPEC+ quota in recent months, according to data from MacroMicro. The figures show that the country’s output has hovered around 910,000 barrels per day (bpd), just below its assigned limit of 927,000 bpd under the OPEC+ agreement. This compliance reflects both the constraints of Algeria’s … Read more

Algeria’s economy is bracing for a sharp downturn in 2026 as oil prices slide, exposing the limits of President Abdelmadjid Tebboune’s economic diversification strategy. The North Africa Post recently reported that Algeria risks a “bleak economic outlook” next year if crude prices remain below $70 per barrel, a scenario that would strain state finances and … Read more