Nigeria's Oil Output Reaches 74-Month High in June 2026

In June 2026, Nigeria's crude oil production hit an average of 1.735 million barrels per day, marking the highest output in 74 months and surpassing the OPEC quota of 1.5 million barrels per day for the fourth consecutive month. The Nigerian Upstream Petroleum Regulatory Commission reported that this figure included 1.56 million barrels per day of crude oil and 0.18 million barrels per day of condensate.

The increase represents a 2.2% rise from May's production of 1.701 million barrels per day. The report, issued by Eniola Akinkuotu, attributes this improvement to stable production operations across major oil-producing assets and the absence of significant pipeline outages during the review period.

Despite challenges such as crude theft and infrastructure issues, Nigeria's commitment to enhancing operational efficiency has supported this growth. The highest daily combined production recorded was 1.89 million barrels per day, while the lowest stood at 1.57 million barrels per day.