Tags : Oil

Nigeria’s Oil Output Drops By 15%

According to the Organisation of Petroleum Exporting Countries, OPEC, the average Nigeria’s oil output dropped Year-on-Year, by to 1.5 million barrels per day, mb/d (excluding condensate), in 2020. This, when compared, is a15 percent drop from 1.7mb/d recorded in the corresponding period of 2019. On Quarter-on-Quarter, QoQ, the nation’s oil output stood at an average […]Read More