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The Organization of the Petroleum Exporting Countries, OPEC, says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day in the month of June 2022.
This was contained in the Oil Market Report for July 2022 by OPEC where it was stated that the country’s crude oil production averaged 28.72 million barrels per day in June 2022.
It added that the figure is a far cry from the 1.766 million barrels of crude oil per day that was allocated to Nigeria as production quota for June by OPEC.
