Nigeria’s average daily output of crude oil fell to 1.46 million barrels per day (bpd) in February as stated by the Organisation of Petroleum Exporting Countries (OPEC).
OPEC stated that the production figure was derived from a direct conversation with Nigerian officials in its most recent monthly market report, which was made public on Wednesday.
OPEC obtains information on crude oil output through secondary communication (information from energy intelligence platforms) and direct contact from member nations.
The report says that the current output is the first month-over-month output loss of the year, representing a 4.8 percent drop from the 1.53 million bpd recorded in January.
According to secondary source statistics, Nigeria produced 1.56 million barrels per day of crude in February, up 2.2% from the 1.52 million barrels per day reported in January, according to the oil cartel.
With the current production volume, the global oil body said Nigeria retained its position as the biggest oil producer in Africa, with Algeria taking second place, producing 912,000 bpd.
OPEC said secondary sources disclosed a “total OPEC-12 crude oil production averaged 363 tb/d in February, m-o-m, averaging about 41.01 mb/d”.
“Crude oil output increased mainly in Nigeria, Iraq and IR Iran, while in Gabon and Congo production decreased,” OPEC said.
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“At the same time, total non-OPEC DoC crude oil production averaged 14.15 mb/d in February 2025 and averaged 2088 tb/d lower, m-o-m.
“Crude oil output increased mainly in Kazakhstan, while production in Mexico, Malaysia and Russia decreased.”
On March 3, OPEC and its allies (OPEC+) announced their decision to increase oil output in April.
