Nigeria's Crude Oil Production Hits 15-Month High

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• Free Analysis Rule Based Analysis not AI OIL Neutral 50% 6h
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Original source

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. Nigeria actually produced 102% of its OPEC+ quota of…

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Original article published by OilPrice.com on June 12, 2026. Analysis and insights provided by AnalystMarkets AI.

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