By Obas Esiedesa, Abuja
ABUJA — Nigeria’s daily oil production declined by four per cent in July 2026, falling to 1.67 million barrels per day (mbpd) from 1.74mbpd recorded in June, according to the latest production data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The figures showed that Nigeria sustained production above the 1.5mbpd OPEC quota for the third consecutive month in July.
According to the NUPRC data, the country produced 1.505mbpd of crude oil and 0.17mbpd of condensate during the month, bringing total daily production to 1.67mbpd.
Daily combined crude oil and condensate production peaked at 1.78mbpd during the month, while the lowest output s...
Politics
Daily oil production declines 4% to 1.67mbpd in July — NUPRC
Source: Vanguard News
Open Original Source
Login to continue into the member area for this article.
Join the Conversation
Login to Comment