By Adedapo Adesanya Nigeria’s crude oil output sank yet again in April 2024 to around 1.18 million barrels per day, according to secondary data from Reuters. The platform said Nigerian production declined with exports falling more sharply according to some ship trackers as the Dangote refinery took in more cargoes. Also, an outage briefly affected the Bonny production stream. This means Nigeria’s hope of substantially meeting its Organisation of Petroleum Exporting Countries (OPEC) quota has once again been dashed. Nigeria’s crude production in January stood at 1.42 million barrels per day but fell to 1.32 million barrels per day in
Nigeria’s Crude Oil Output Sinks Further to 1.18 million barrels
