OPEC: Nigeria’s crude oil production dropped by 4% to 1.43m bpd in August

Nigeria’s oil production output dropped to 1.43 million barrels per day in August.

In its monthly report on Thursday, the oil alliance said the figure represents a 4.40 percent decline from 1.50 million bpd in the prior month.

According to the oil alliance, its production figures were derived from direct communication with Nigerian authorities.

The OPEC usually sources its crude oil output data from two channels: direct communication from member countries and secondary sources such as energy intelligence platforms.

With the current production level, the global oil organisation said Nigeria sustained its position as Africa’s leading oil producer, surpassing Libya, which recorded an output of 1.38 million bpd.

Also, OPEC said the country’s oil production in August fell below the country’s assigned quota of 1.5 million bpd — after two months of consecutively meeting the quota.

The oil cartel said data from secondary sources placed Nigeria’s crude production at 1.54 million bpd in August — a 0.15 percent drop from the 1.55 million bpd recorded in July.

Citing secondary sources, OPEC said “total DoC crude oil production averaged 42.40 mb/d in August 2025, which is 509 tb/d higher, m-o-m”.

On September 11, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said crude oil losses from theft and metering issues dropped to their lowest levels in about 16 years.

The commission said daily crude losses stood at 9,600 bpd as of July — the lowest figure since 2009 when losses dropped to an all-time low of 8,500 bpd.