Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPEC

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Nigeria's crude oil production declined by 37,000 barrels per day to 1.546 million barrels per day, a 2.3% month-on-month drop, as reported by OPEC through secondary sources. This reduction impacts Nigeria's status as an OPEC member and the overall oil market supply.

The decline, based on secondary sources cited by OPEC, represents a 2.3 per cent month-on-month reduction in the country’s crude oil output. The post Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPEC appeared first on Vanguard News.