Oil jumps 4% to $79 per barrel as US-Iran tensions escalate
The June output represents 104 per cent of Nigeria’s OPEC quota and marks the country’s highest crude oil production level since April 2020.
According to the NUPRC, combined crude oil and condensate production averaged 1,735,398 barrels per day during the month, extending Nigeria’s production growth streak to a fourth consecutive month.
According to data released on Sunday by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s average daily crude oil and condensate production rose by 2.
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