Nigeria’s crude oil output surpasses OPEC quota for third time in 2025
[NigerianEye - Nigeria] - 13/08/2025
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 million barrels per day (bpd) in July. In its latest monthly report on Tuesday, the oil cartel said Nigeria’s oil production in July met the country’s assigned quota. OPEC said Nigeria’s oil output increased to 1.507 million bpd — a 0.13 percent rise from 1.505 million bpd in the previous month and also representing the highest output since January. The new figure also marks the third time Nigeria has met OPEC’s production quota of 1.5 million bpd in 2025. According (…)
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