Nigeria’s oil output slips to 1.31m bpd, misses OPEC quota as prices soar

Hallmarknews | 12-03-2026 11:31pm |

Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February, representing a 10.7 percent drop from 1.45 million bpd in January, according to the latest data from the Organisation of Petroleum Exporting Countries (OPEC). The decline comes amid soaring global oil prices, driven by escalating tensions in the Middle East. Brent

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