Oil output drops 5,000bpd in August amid recovery
Nigeria’s oil output fell by 5,000 barrels per day in August, the second straight monthly decline, according to OPEC’s latest report. com/oil-output-drops-5000bpd-in-august-amid-recovery/
In August 2026, Nigeria's crude oil output declined by 5,000 barrels per day to an average of 1.5 million barrels per day, according to figures submitted directly to the Organisation of the Petroleum Exporting Countries (OPEC). This marks the second consecutive monthly drop in the country's oil production, following a decrease from 1.505 million barrels per day in July to 1.500mbpd in August.
The overall decline between June and August amounted to 55,000 barrels per day. While Nigeria met its OPEC quota for August, the modest reduction stands in contrast to the wider OPEC recovery and the independent estimates that show a rise in Nigerian production.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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