crude oil production
Coverage of crude oil production in the Nexus archive.
- Nigeria’s oil output hits six-year high
Nigeria’s daily crude oil production reached a six-year high in June, driven by government security improvements along pipelines. Output hit 1.56 million barrels per day, surpassing OPEC+ quotas, despite past challenges from oil theft and facility vandalism.
- Nigeria: Nigeria Meets 104% of OPEC Quota As Production Soars
Nigeria exceeded its OPEC quota by 104% in the reviewed month, producing 1.56 million barrels per day of crude oil according to data from the Nigerian Upstream Petroleum Regulatory Commission.
- Nigeria meets 104% of OPEC quota as production soars
Nigeria exceeded its OPEC quota by 4%, producing 1.56 million barrels of crude oil per day as reported by the Nigerian Upstream Petroleum Regulatory Commission.
- Russian Oil Output Hits One-Year Low as Ukrainian Strikes Cripple Refineries
Russia’s crude oil production fell to 9.009 million barrels per day in May, a one-year low and 690,000 barrels below its OPEC+ target. Ukrainian strikes on Russian energy infrastructure, including 31 attacks on oil facilities in May, contributed to the decline.