Nigeria's crude oil production increased to 1.555 million barrels per day in June 2026, the highest level since April 2020, according to OPEC's monthly report. Output reached 104% of the country's current OPEC production quota, up from 102% in May, highlighting continued gains in supply. source: Organization of the Petroleum Exporting Countries
Crude Oil Production in Nigeria averaged 1813.26 BBL/D/1K from 1973 until 2026, reaching an all time high of 2475.00 BBL/D/1K in November of 2005 and a record low of 675.00 BBL/D/1K in February of 1983. This page provides the latest reported value for - Nigeria Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria Crude Oil Production - values, historical data and charts - was last updated on July of 2026.
Crude Oil Production in Nigeria is expected to be 1570.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Crude Oil Production is projected to trend around 1615.00 BBL/D/1K in 2027 and 1700.00 BBL/D/1K in 2028, according to our econometric models.