opec

  1. Nigeria's Crude Oil Production Drops 10% to 1.31 Million bpd in February, OPEC Reports

    Nigeria Nigeria's Crude Oil Production Drops 10% to 1.31 Million bpd in February, OPEC Reports

    The Digest: Nigeria's crude oil production fell to 1.31 million barrels per day (bpd) in February, a 10.69% decline from 1.45 million bpd in January, according to OPEC's monthly report. The figures, derived from direct communication with Nigerian authorities, show the country failed to meet...
  2. Nigeria’s Oil Production Rises Slightly in November, Still Misses OPEC Target

    Nigeria Nigeria’s Oil Production Rises Slightly in November, Still Misses OPEC Target

    The Digest: Nigeria's crude oil production increased marginally to 1.436 million barrels per day (bpd) in November, up from 1.401 million bpd in October. However, the nation failed to meet its OPEC production quota for the fourth consecutive month, last achieving the target in July 2025. Key...
  3. NNPC Trading MD Maryamu Idris Appointed Nigeria’s OPEC Representative

    Nigeria NNPC Trading MD Maryamu Idris Appointed Nigeria’s OPEC Representative

    The Digest: Maryamu Idris, Managing Director of NNPC Trading Limited, has been appointed as Nigeria’s representative to the Organisation of Petroleum Exporting Countries (OPEC). The national oil company announced its dual role will strengthen Nigeria’s influence in global energy policy and...
  4. Crude Reality: Nigeria's Budget Hangs by a Thread as Oil Output Lags

    Nigeria Crude Reality: Nigeria's Budget Hangs by a Thread as Oil Output Lags

    OPEC has reported Nigeria’s crude oil output at 1.544 million barrels per day (bpd) for May 2025, well below the 2.06 million bpd benchmark set in the federal budget. Coupled with global oil prices hovering at $73 per barrel, $2 short of Nigeria’s $75 projection, this raises fresh doubts about...
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