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Nigeria's Crude Oil Production Increases to 1.352 Million BPD

Nigeria’s Crude Oil Production Increases to 1.352 Million BPD

News

September 12, 2024

Nigeria’s crude oil production increased from 1.307 million barrels per day in
July to 1.352mbpd in August.

This is according to OPEC’s September Monthly Oil Market Report.

OPEC reported that the average daily crude production rose marginally by 45,000
barrels per day, based on information obtained through direct communication with
the Nigerian government.

This report contradicts the Federal Government’s claims that daily crude
production was nearing 1.6mbpd.

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