Nigeria’s total oil production, including condensates, experienced a significant contraction in the first month of 2026, falling by 6.3 percent year-on-year to 1.627 million barrels per day (bpd). According to the latest National Liquid Hydrocarbon Production Report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), this figure represents a notable drop from the 1.737 million … Continue reading National Oil Output Falls Short Of Budget And OPEC Targets In January