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Nigeria Crude Oil Production Misses OPEC Quota For Fourth Consecutive Month

Cheaper Than Pure Water: Oil Crashes Below $0

Nigeria’s crude oil production climbed marginally to 1.436 million barrels per day (bpd) in November, up from 1.401 million bpd in October. This is according to the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market Report (MOMR) released on Thursday.

Despite the modest increase, the report shows that Nigeria fell short of meeting its OPEC-assigned quota for the fourth consecutive month, the last time it met its target being July 2025.

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According to OPEC’s data, Nigeria averaged 1.444 million bpd in the third quarter (Q3) of 2025, representing a decline from 1.481 million bpd in Q2 and 1.468 million bpd in Q1.

The figures highlight the country’s ongoing struggle to sustain production recovery despite new investments and government interventions in the upstream sector.

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