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OPEC

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  • Nigeria

Nigeria’s oil output soars above OPEC quota

wasiu ayanwola4 months ago4 months ago01 mins

Nigeria’s average daily crude oil production in June 2025 surpassed the quota set by the Organisation of the Petroleum Exporting Countries (OPEC), marking the second time this year the country has exceeded its assigned limit of 1.5 million barrels per day, first in January and now in June. Data from the Nigerian Upstream Petroleum Regulatory…

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Nigeria’s Crude Oil Production Drops To 1.25mbpd in May — OPEC

wasiu ayanwola1 year ago1 year ago01 mins

The Organization of Petroleum Exporting Countries reports that in May 2024, Nigeria’s crude oil production fell to a historic low of 1.25 million barrels per day. According to Channels Television’s coverage of the OPEC monthly oil market report for June, the nation’s average daily output in May was 1.25 million barrels per day (bpd), a…

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