Nigeria Maintains 1.5mb/d OPEC Oil Quota For Two Months

New statistics by the Organization of the Petroleum Exporting Countries’ August 2025 Monthly Oil Market Report (MOMR) have shown that Nigeria was able to sustain its crude oil production for two months straight, a little above the 1.5 million barrels per day cut quota set for it by the group.

The country’s average daily oil production rose to 1.505 million barrels per day in June and 1.507…