Nigeria's oil production surpassed 1.8 million barrels per day (bpd) last month, with current average output at 1.78 million bpd.

Oil futures were lower after OPEC+ said it would raise output in September and as the market awaited clarity on U.S. threats of sanctions against Russia.

Market sentiment will also be shaped by the pace of Opec+’s supply unwinding beyond September. Should prices come under ...

Nigeria's crude oil production surged to 1.8 million barrels per day, mbpd, in July 2025 to surpass the Organisation of Petroleum Exporting Countries, ...