Nigeria's Crude Output Dips 4% M/m in July 2026: Nuprc

Nigeria's crude oil production fell by four per cent month-on-month in July 2026, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The decline came despite the country maintaining production above its OPEC quota for the third consecutive month. The NUPRC data shows that Nigeria's output slipped in July compared with the previous month, even as the country continued to exceed its production target set by the Organization of the Petroleum Exporting Countries.

This marks the third straight month that Nigeria has produced above its OPEC allocation, though the latest figures indicate a slowdown in output. The commission's report did not provide specific production volumes or a breakdown of the factors behind the monthly drop.