OPEC: Nigeria’s April oil production increases by 92,000 bpd to 1.81 million bpd

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Despite internal production crises, global efforts to curb oil glut and bolster crude prices, latest report from Organisation of Petroleum Exporting Countries (OPEC) reveals Nigeria’s records the second biggest oil production increase by 92,000 bpd in April to 1.8 million bpd.

According to independent sources, the 14-member OPEC said Nigeria’s crude oil production increased from 1.72 million bpd recorded in March to 1.81 million bpd in April 2019 by 92,000 bpd.

Since 2018 and first Quarter 2019, Nigeria oil production has being hovering round 1.7 million bpd compare to 1.6 million in 2016.

 

DIPO OLADEHINDE

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