Nigeria, Aug. 13 -- Nigeria's crude oil production declined by four per cent in July 2026, although the country continued to exceed its OPEC production quota for the third consecutive month, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said.

In a statement issued on Wednesday, the commission stated that the country's latest production statistics showed that Nigeria produced an average of 1.505 million barrels per day (mbpd) of crude oil in July, above its OPEC quota of 1.5mbpd.

An additional 0.17mbpd of condensate was produced during the month, bringing total average daily production of crude oil and condensate to 1.67mbpd.

However, the July crude oil output represented a four per cent decline from the previous mon...