Opec oil production rise nigeria sees largest increase june

According to the latest data from the Organization of the Petroleum Exporting Countries (OPEC), Nigeria saw the largest increase in oil production among all OPEC member countries in June.

Here are the details:

• OPEC's total oil production rose by 140,000 barrels per day (b/d) in June to 29.92 million b/d, driven by increases from several member countries.
• Nigeria led the pack with a significant increase of 140,000 b/d, taking its production to 1.83 million b/d.
• The country's production had been affected by militant attacks and infrastructure issues in recent years, but it appears that these issues have been largely resolved, allowing for the increase in production.
• Other OPEC countries that saw significant increases in production in June include Iraq (60,000 b/d), Angola (40,000 b/d), and Kuwait (30,000 b/d).
• The increase in OPEC production is likely to put downward pressure on oil prices, which have been rising in recent months due to supply disruptions and strong demand.

Here is the breakdown of OPEC's oil production by country in June:

• Nigeria: 1.83 million b/d (+140,000 b/d)
• Iraq: 4.64 million b/d (+60,000 b/d)
• Angola: 1.78 million b/d (+40,000 b/d)
• Kuwait: 2.82 million b/d (+30,000 b/d)
• Saudi Arabia: 10.65 million b/d (+10,000 b/d)
• United Arab Emirates: 3.13 million b/d (+10,000 b/d)
• Algeria: 1.13 million b/d (+5,000 b/d)
• Libya: 0.23 million b/d (+5,000 b/d)
• Qatar: 0.63 million b/d (+5,000 b/d)
• Venezuela: 0.83 million b/d (-10,000 b/d)
• Iran: 2.54 million b/d (-10,000 b/d)
• Ecuador: 0.53 million b/d (-10,000 b/d)
• Gabon: 0.23 million b/d (-5,000 b/d)
• Indonesia: 0.53 million b/d (-5,000 b/d)

Note: The figures are based on secondary sources and may vary slightly from the official OPEC data.