Algeria Maintains December Oil Production Target at 1.007 Million Barrels per Day

On 1 November, Algeria and six other OPEC+ countries agreed to keep production levels unchanged for December 2026, maintaining Algeria’s target at 1.007 million barrels per day. Separately, Sonatrach raised November LPG export benchmarks to US$825 per tonne for propane and US$1,050 per tonne for butane. These are export selling benchmarks, not domestic household cylinder prices. The developments create opportunities for energy traders, storage operators and petroleum-service companies. HPC can support energy-market research, supplier connections and commercial partnerships.

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