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Nigeria's oil production hit 1.8 million barrels per day in July, exceeding its OPEC quota.
Nigeria's oil production reached 1.8 million barrels per day in July, surpassing its OPEC quota for the first time since last year.
This increase, attributed to better security in the Niger Delta, is crucial for Nigeria's economy, which relies on oil for nearly two-thirds of government revenue and over 80% of foreign currency earnings.
The Nigerian Upstream Petroleum Regulatory Commission aims to boost production further, targeting 3 million barrels per day.
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La producción de petróleo de Nigeria alcanzó 1,8 millones de barriles diarios en julio, superando su cuota de la OPEP.