Angola overtakes Nigeria in crude oil production – OPEC - Uju Ayalogu's Blog for News, Reviews, Articles and More

Breaking News

Post Top Ad

Tuesday 15 December 2015

Angola overtakes Nigeria in crude oil production – OPEC

Angola overtakes Nigeria in crude oil production – OPEC

Crude oil production from Nigeria fell by 250,000 barrels per day in November, making the country lose its status as Africa’s top oil producer to Angola, latest data from the Organisation of Petroleum Exporting Countries has shown.

Nigeria recorded the biggest drop in output in November among its peers in OPEC, followed by Saudi Arabia, the group’s biggest producer.

OPEC, in its latest monthly oil market report, put crude oil production from Nigeria at 1.607 million bpd in November based on direct communication, down from 1.812 million bpd in October. Meanwhile Angola saw its oil output drop to 1.722 million bpd last month from 1.762 million bpd in October.

Subscribe to Our Posts via Email


Share This

No comments:

Post a Comment

Listen to This Beautiful New Talent - Winter Wolf - Singing "Midnight"


Post Bottom Ad

Pages