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Oil Revenue: Low production undermines benefits of high crude oil prices (opens original article in a new tab)

TL;DR

Nigeria lost $839.22m in oil revenue in the first four months of 2026 due to low production that failed to meet OPEC quota

  • Nigeria lost $839.22m in oil revenue in first four months of 2026
  • Nigeria failed to meet 1.5m barrels per day OPEC quota
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