Nigeria's oil output drops 15% to 1.5mb/d
Vanguard News Nigeria’s oil output drops 15% to 1.5mb/d On By Udeme Akpan, Energy Editor The average Nigeria’s oil output dropped Year-on-Year, YoY, by 15 per cent to 1.5 million barrels per day, mb/d (excluding condensate), in 2020, compared to 1.7mb/d recorded in the corresponding period of 2019, according to data obtained from Organisation of Petroleum Exporting Countries, OPEC. On Quarter-on-Quarter, QoQ, the nation’s oil output stood at an average of 1.75 mb/d in first quarter (January -March) of 2020, compared to 1.67 mb/d, recorded in the corresponding period of 2019, indicatin...
Source: vanguardngr.com