Nigeria's daily crude oil production in October reached OPEC production quotas for six consecutive months
2026-11-11 21:22:59
According to CoinMeta, data released on Wednesday by Nigeria's upstream oil regulatory agency showed that Nigeria's average daily crude oil production in October was 1.69 million barrels, with a peak of 1.79 million barrels and a low of 1.60 million barrels. This marks the sixth consecutive month that Nigeria has met its OPEC crude oil production quota. Excluding condensate oil, Nigeria's average daily crude oil production was 1.51 million barrels, slightly higher than OPEC's set quota of 1.50 million barrels per day. The regulatory agency stated that improved operational conditions, increased operating hours of production equipment, and enhanced efficiency in crude oil exports helped Nigeria maintain this level of production.
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Source:Jin10 Data
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