
Oil output declines to 1.67m barrels
Daily combined crude oil and condensate production peaked at 1.
The latest figures indicate that while Nigeria continues to maintain production above its OPEC quota, operational disruptions at key producing assets remain a factor affecting overall output.
By Udeme Akpan & Obas Esiedesa, Abuja Nigeria’s daily oil production declined by four per cent in July 2026, to 1.
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