Nigeria’s crude oil output drops to 1.51m bpd in October — NUPRC

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Nigeria’s crude oil output drops to 1.51m bpd in October — NUPRC

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Nigeria’s crude oil production fell 1.7% month over month to 1.51 million barrels per day in October 2026, according to the NUPRC. Output remained above the country’s OPEC production quota despite the decline.

Nigeria’s crude oil production declined slightly to 1.51 million barrels per day (bpd) in October 2026, from 1.53 million bpd recorded in September, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The figure represents a 1.7 per cent month-on-month decline. Despite the drop, Nigeria maintained crude oil production above its Organisation of […] The post Nigeria’s crude oil output drops to 1.51m bpd in October — NUPRC appeared first on Vanguard News.

Markets Commodities Energy Nigeria crude oil oil production NUPRC OPEC quota October 2026

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