Nigeria witnessed a substantial increase in crude oil production, reaching 1.418 million barrels per day (mbpd) in December 2023, as reported by the Organisation of the Petroleum Exporting Countries (OPEC). The Monthly Oil Market Report for January 2024 revealed that Nigeria’s crude oil production experienced a notable rise of 100,000 barrels per day (bpd) compared … Continue reading Nigeria’s Crude Oil Production Surges to 1.4mbd- OPEC