News

Nigeria’s crude oil output, including condensate, dropped month-on-month, MoM, to 1.486 million barrels per day, bpd, in ...
Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...
Nigeria’s crude oil production declined by 4.37% in March to 1.401mn barrels per day (bpd), further widening the gap between actual output and the country’s OPEC quota, the AprilOPEC Monthly Oil ...
Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...
The document said, “The average crude oil production was 99% of the OPEC quota (1.5mbopd ... The report did not state the cause of the decline in output but it may not be unconnected ...
Nigeria's crude oil production has hit a two-month high after months of decline. The country reported an increased production ...
OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found. The decline was led by a cut in ...
The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...