Business
August Saw A Rise In Nigeria’s Oil Production To 1.35 Million BPD – OPEC
From 1.307 million barrels per day in July to 1.352 million barrels per day in August, Nigeria produced more crude oil.
In its September Monthly Oil Market Report, the Organization of the Petroleum Exporting Countries (OPEC) reported a little increase in average daily crude production of 45,000 barrels.
According to data from OPEC’s report, which was based on direct communication with the Nigerian government, output for July was 1.30 million barrels per day.
This trend follows a period of declining production of crude oil in previous years.
The article claims that Nigeria’s daily oil production decreased to 1.25 million barrels in May.
Nigeria dropped 30,000bpd, according to OPEC figures, with its crude output falling from 1.28 million barrels per day in April to 1.25 million barrels per day in May.
According to OPEC, Nigeria’s steadily declining daily oil output increased in April, going from 1.23 million barrels per day in March to 1.28 million barrels per day.
According to the group, Nigeria’s oil production increased by 50,000 barrels per day in April following a recent decline.
From 1.32 million barrels per day in February to 1.23 million barrels per day in March, the country’s oil production decreased.
Direct reports state that production fell from 1.427 million barrels per day in January to 1.322 million barrels per day.