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Nigeria's Crude Oil Production Hits 15-Month High
Nigeria’s crude oil output jumped to a 15-month high in May as Africa’s top producer continues to ramp up production, data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed .
Summary
Nigeria’s crude oil output jumped to a 15-month high in May as Africa’s top producer continues to ramp up production, data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed . Nigeria pumped 1.53 million barrels per day (bpd) of crude last month, the highest level since January 2025, as the African country now produces at its ceiling per the OPEC+ group’s agreements, after years of failing to do so due to sabotage, oil theft, and oil spills.
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