Nigeria’s Production Quota Hits 1.8m, OPEC Raises July Crude Allocation

The Organisation of Petroleum Exporting Countries (OPEC) yesterday increased Nigeria’s production quota to about 1.8 million (1.799) barrels per day. For the first time since April 2020. The new oil drilling limit increased Nigeria’s production deficit by an estimated 400 000 barrels per day since the country had only been able to produce about 1.4 … Continue reading Nigeria’s Production Quota Hits 1.8m, OPEC Raises July Crude Allocation