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The Daily Verified Briefing

Markets

Nigeria crude production beats OPEC quota, 15‑month high

Published 11 June 2026

Nigeria's crude oil production exceeded its OPEC quota in May 2026, reaching its highest level in 15 months, according to official data released on Thursday. The Nigerian Upstream Petroleum Regulatory Commission reported average daily production of 1,530,354 barrels of crude oil, surpassing the country's 1.

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