AGP Executive Report
Last update: 6 hours agoEnergy & Trade: OPEC+ agreed to raise oil production quotas by 188,000 barrels per day starting in August, with Algeria among the seven members approving the adjustment as Strait of Hormuz shipping gradually normalizes and prices ease. Oil Market Watch: The bloc said the pace can be increased, paused or reversed depending on market conditions, and the next meeting is set for August 2. Regional Shipping: Separate reports say 15 India-bound fertiliser ships carrying urea, DAP and sulphur have crossed the Strait of Hormuz safely, with more vessels expected to boost stocks. Politics & Society: Algeria marked Independence Day with official messages and celebrations, while parliamentary elections continue to draw attention for low turnout and public apathy. Football (Algeria-linked): Algeria’s coach Eric Chelle talks and Algerian football federation developments remain in focus amid World Cup fallout and coaching speculation.
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