Nigeria met and exceeded its OPEC quota for crude oil production for the third consecutive month in July, producing an average of 1.505 million barrels per day, despite a 4% decline from June. The decline was attributed to operational challenges at key oil fields.
Nigeria's oil production decreased by 4% in July, producing 1.505 million barrels per day of crude oil and 0.17 million barrels per day of condensate. The decline was attributed to operational challenges at the Erha and Akpo fields.
Nigeria's crude oil production fell by 4% in July to an average of 1.505 million barrels per day, while still exceeding its OPEC quota for the third consecutive month. The decline was attributed to operational challenges at the Erha and Akpo fields.
