The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria’s crude oil production hit 1.56 million barrels per day (bpd) in June.
In a statement on Sunday, NUPRC said the crude oil volume represents a 2 percent rise from 1.53 million bpd produced in May.
The agency said the volume marked a positive growth for the fourth consecutive month.
According to the commission, Nigeria’s crude oil production rose from 1.31 million bpd in February to 1.38 million bpd in March, 1.48 million bpd in April, and 1.53 million bpd in May.
In June, NUPRC said Nigeria “met 104% of the 1.5mbpd crude oil production quota set by the Organisation and Petroleum Exporting Countries (OPEC)”.
The statement noted that Nigeria’s crude oil production, excluding condensates, reached the highest level recorded since April 2020 — marking a 74-month high.
In the month under review, the NUPRC
