Nigeria records 1.69m barrels daily oil output in October

Nigeria's crude oil production increased by 5.7% year-on-year to 1.69 million barrels per day in October 2026, according to figures released by the Nigerian Upstream Petroleum Regulatory Commission. This production exceeded the country's OPEC quota of 1.5 million barrels per day by approximately 10,000 barrels. Despite a 1.7% decline from September, the October output represents an improvement over the previous year's October average of 1.72 million barrels per day.

The peak daily production during October was 1.79 million barrels, while the lowest was 1.60 million barrels. Nigeria's consistent performance in meeting its OPEC quota for the past six consecutive months is attributed to improved operational conditions in the upstream sector, including enhanced stability, better evacuation efficiency, and stronger production reliability.