Nigeria's Oil Output Rises, Meets OPEC Quota While Targeting 2.5 Million BPD; SpaceX IPO Demand Tops $100B
Nigeria's total oil production increased by 2.2 percent in May to 1.70 million barrels per day, surpassing its OPEC quota for the first time in 2026. This comes as the country continues to aim for a higher output of 2.5 million barrels per day, emphasizing sustained investments and increased exploration. Meanwhile, demand for SpaceX's IPO has reportedly exceeded $100 billion from retail investors, leading to tighter share allocations.
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SpaceX IPO demand tops $100B from retail investors as share allocations tighten
Read full article →Nigeria targets 2.5mbpd oil output – Lokpobiri
Mr Lokpobiri said that sustaining investments and increasing exploration activities were critical to achieving the target and boosting the nation’s reserves. The post Nigeria targets 2.5mbpd oil output – Lokpobiri appeared first on Premium Times Nigeria.
By Agency Report
Read full article →Nigeria oil output rises, meets OPEC quota
Nigeria’s total oil production rose by 2.2 per cent in May, increasing to 1.70 million barrels per day (bpd), with crude oil output surpassing the country’s OPEC quota for the first time in 2026. The post Nigeria oil output rises, meets OPEC quota appeared first on Vanguard News.
By Nwafor
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