Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August.
According to the Organisation of the Petroleum Exporting Countries (OPEC) in its September Monthly Oil Market Report, the average daily crude production rose marginally by 45,000 barrels per day.
Quoting information obtained through direct communication with the Nigerian government, OPEC’s report indicated that output for July was 1.30mbpd.
The development comes on the heels of dwindling crude oil production in recent times.
