Nigeria maintained compliance with its manufacturing quota set by means of the Group of the Petroleum Exporting Nations (OPEC) for the 5th consecutive month in September, as crude oil output rose to one.53 million barrels according to day (bpd) from 1.50 million bpd in August.
That is consistent with OPEC’s per 30 days oil marketplace file launched on Tuesday, which confirmed an build up in Nigeria’s crude manufacturing all through the month.
The newest figures practice enhancements in output all through the 3rd quarter of 2026, despite the fact that manufacturing ranges have numerous around the yr.
Nigeria’s crude output rises in September
OPEC knowledge confirmed that Nigeria’s crude oil manufacturing averaged 1.512 million bpd within the 3rd quarter of 2026, when compared with 1.525 million bpd in the second one quarter.
- Manufacturing averaged 1.388 million bpd within the first quarter, reflecting a more potent output degree within the next quarters.
- Nigeria’s crude oil manufacturing has progressed during the last two years, emerging from a mean of one.345 million barrels according to day in 2024 to one.432 million bpd in 2025.
- Output averaged 1.512 million bpd within the 3rd quarter of 2026, whilst September manufacturing higher to one.530 million bpd from 1.500 million bpd in August.
The September build up marks an extra growth in Nigeria’s crude oil manufacturing, whilst the rustic continues to handle compliance with its OPEC quota.
Nigeria goals upper oil manufacturing
Nigeria’s broader oil manufacturing figures have additionally proven indicators of growth. In August, mixed crude oil and condensate manufacturing rose by means of 0.4% to roughly 1.678 million bpd, consistent with the Nigerian Upstream Petroleum Regulatory Fee (NUPRC), as previously reported by means of Nairametrics.
The Dangote Staff has projected that Nigeria’s crude oil production could rise to 1.72 million bpd in the fourth quarter of 2026, with reasonable output anticipated to succeed in 1.62 million bpd for the total yr.
The projection issues to the potential of additional good points in manufacturing sooner than the tip of the yr, despite the fact that the forecast stays distinct from the real output figures reported by means of OPEC.
Somewhere else amongst OPEC individuals, Algeria averaged 1.007 million bpd, Congo recorded 300,000 bpd, and Libya produced 1.391 million bpd, consistent with the OPEC.
OPEC cuts international oil call for forecast
The advance in Nigeria’s manufacturing comes as OPEC has decreased its outlook for international oil call for enlargement in 2026.
The cartel reduce its forecast by means of greater than 70%, from 1.4 million bpd to 400,000 bpd, reflecting weaker-than-expected call for enlargement all through the yr.
The verdict got here as Saudi Arabia faces renewed drone and missile threats following fatal assaults on Riyadh’s King Khalid World Airport.
The revised outlook supplies a much broader marketplace context for Nigeria’s manufacturing good points, as the rustic seeks to extend output whilst closing inside of its OPEC manufacturing quota.