Nigeria’s crude oil production rose to 1.546 million barrels per day (bpd) in July 2025, up from 1.505 million bpd in June, according to the latest Monthly Oil Market Report by the Organization of the Petroleum Exporting Countries (OPEC).
The figures, obtained through direct communication with Nigerian authorities, reaffirm the country’s position as Africa’s leading oil producer, with Algeria trailing at 937,000 bpd. OPEC sources crude output data from both direct communication with member states and secondary industry trackers.
Globally, the report noted that crude production from the 22 OPEC+ members increased by 335,000 bpd in July, with about half of the gain attributed to Saudi Arabia. Total crude oil output from OPEC’s Declaration of Cooperation (DoC) members averaged 41.94 million bpd, representing a month-on-month rise of 335,000 bpd.
OPEC also warned that oil inventories worldwide could fall sharply next year — by as much as 1.2 million barrels per day — unless the group and its allies restore more of the production currently being withheld.
Analysts say Nigeria’s improved output reflects progress in addressing oil theft, infrastructure repairs, and upstream investment, though sustaining the momentum will be critical in meeting fiscal and export targets.
