Nigeria Says It Will Be Meeting OPEC+ Quota By August ...Middle East

Nigeria's oil minister said on Friday that the country would be able to meet its OPEC production quota by the end of August as the country aims to boost security in its oil industry. Nigeria is OPEC's largest production laggard, consistently underperforming its production quotas—by a longshot—since the production cut deal went into effect. According to secondary sources, Nigeria's crude production slipped in May—the last available data—to 1.262 million bpd. Its May production quota under the OPEC deal was 1.753 million bpd,…

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