Nigeria has got the approval of the Organisation of Petroleum Exporting Countries (OPEC) to increase its crude oil production quota by 19,000 barrels per day in June 2022.
The cartel raised the country’s quota from 1.753mb/d in May to 1.772mb/d in June, upping it up by 1.8%.
In Africa, Nigeria got the approval for the production of the highest volume of crude oil in the month.
The organisation disclosed this in a statement on its 28th OPEC and non-OPEC ministerial meeting.
The statement, however, noted that Angola is to produce 1.480mb/d.
Saudi Arabia and Russia got approval to produce 10.663mb/d each in June.
 to increase its crude oil production quota by 19,000 barrels per day in June 2022.){kind=link}