oil production falls short of OPEC quota by 0.57mbpd

Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly short of the 1.8 million barrels per day allocated to the country by the Organisation of Petroleum Exporting Countries, OPEC. Latest oil production data released by Nigerian Upstream Petroleum Regulatory Commission, … [Read more…]