Wednesday, July 15, 2026

The Organisation of the Petroleum Exporting Countries (OPEC)

May 5, 2022

OPEC raises Nigeria’s oil production quota

The new target is 19,000bpd higher than the approved quota for May 2022.

Bonny light crude
January 21, 2022

Nigeria’s economy under Buhari worse than 10 years ago: World Bank

“Angola, Nigeria, and South Africa, per capita incomes are forecast to be lower in 2022 than a decade ago,” the report said.

President Muhammadu Buhari
December 2, 2021

2021 global oil demand reached 5.7 mb/d, less than estimated 96.4 mb/d: OPEC

Global oil demand was estimated to reach 96.4 mb/d in 2021, while total world demand in 2022 was estimated to reach 100.6 mb/d, around 0.56 mb/d above 2019 levels.

Mohammad Sanusi Barkindo
October 13, 2021

Nigeria’s crude oil production averaged 1.45 million bpd in September: OPEC

This was contained in OPEC’s oil market report for October 2021.

Oil rig

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