opec report

  1. OPEC Report: Nigeria Maintains Top Spot as Africa’s Largest Oil Producer in November

    Nigeria OPEC Report: Nigeria Maintains Top Spot as Africa’s Largest Oil Producer in November

    Nigeria has retained its position as Africa's top oil producer, with a rise in output to 1.48 million barrels per day in November 2024. The country's production surpassed Algeria and Congo, continuing its leadership in the African oil sector, according to OPEC and the Nigerian Upstream Petroleum...
  2. More Woes for Nigeria as Oil Production Declines, Threatening 2024 Budget

    Nigeria More Woes for Nigeria as Oil Production Declines, Threatening 2024 Budget

    Amidst ongoing efforts by the federal government to bolster Nigeria's oil production, recent data reveals a concerning downturn. According to the Organisation of Petroleum Exporting Countries (OPEC) March Monthly Oil Market Report (MOMR), Nigeria's oil output, excluding condensate, experienced a...
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