EnergyReader · 2026-08-02 07:53

Nigeria Pumps at Six-Year Crude High as Iran Crisis Opens Supply Gap

By EnergyReader Newsroom · August 2, 2026

Nigeria's crude oil production reached 1.56 million barrels per day in June 2026, the highest monthly average since April 2020, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Including condensates, total output rose for the fourth consecutive month to 1.735 million bpd, placing the country at 104% of its OPEC+ crude quota for the month.

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