According to oil cartel reports, Nigeria’s crude oil production increased by 171,000 barrels per day, rising to 1.27 million barrels per day in May 2023. The Organization of the Petroleum Exporting Countries (OPEC) accelerated its efforts to tighten oil markets in May as some of the group’s largest members cut production sharply as planned. In … Continue reading Nigeria Oil Export Soars To 1.27mbpd, OPEC Members Cut