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Oil output

Nigeria’s Oil Output Rises but Still Misses OPEC Quota-Report

oil

Nigeria’s crude oil production recorded a slight improvement in November, rising to 1.436 million barrels per day (bpd) from 1.401 million bpd in October, according to the Organisation of Petroleum Exporting Countries’ (OPEC) Monthly Oil Market Report released on Thursday. Despite the uptick, the country again missed its allocated production quota, marking the fourth consecutive […]