By Udeme Akpan, Energy Editor
Nigeria’s crude oil production, excluding condensate, fell by 37,000 barrels per day, bpd, to 1.546 million bpd in July 2026, from 1.583 million bpd in June, according to the latest report by the Organisation of the Petroleum Exporting Countries, OPEC.
The decline, based on secondary sources cited by OPEC, represents a 2.3 per cent month-on-month reduction in the country’s crude oil output.
The figures were contained in OPEC’s latest Monthly Oil Market Report, which showed that Nigeria remained one of Africa’s major crude oil producers despite the July decline.
OPEC’s data showed that Nigeria’s production rose from an average of 1.453 million bpd in the first quarter of 2026 to 1.552 million bpd in the second quarter.
