Nigeria’s crude oil production declined by 4.37% in March to 1.401mn barrels per day (bpd), further widening the gap between actual output and the country’s OPEC quota, the AprilOPEC Monthly Oil ...

Recall that in March, Nigeria crude oil production declined 93% of OPEC quota from the 98% it recorded in February. The document said Lowest and Peak combined crude oil and condensate production ...

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost ...

The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May ...

Although oil output dropped in March, NUPRC said the average crude oil production is 93 percent of the 1.5 million bpd quota set for Nigeria by OPEC. AllAfrica publishes around 500 reports a day ...

Nigeria is working with other petrostates and ... last month approved a financing and liquidity law that will allow OPEC’s fourth-largest producer to return to the debt market after eight ...

OPEC’s report also showed that crude production by the wider OPEC+ fell in March by 37,000 bpd to 41.02 million bpd, due in part to reductions by Nigeria ... above its OPEC+ quota of 1.468 ...

The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...