Angola Overtakes Nigeria as Africa’s Biggest Oil Producer After Worst Production Output in Months

Nis even more than Nigeria and has now accepted the status as Africa’s biggest maker of oil.igeria is at this point not Africa’s top oil maker following a wretched oil creation yield in May, the greatest decay among its friends all at once oil was exchanging at $121.33. As per information acquired from the Organization of the Petroleum Exporting Countries (OPEC), Nigeria’s oil creation diminished by 195,000 barrels each day (bpd) to 1.02 million bpd in May 2022 from 1.22 million in April 2022, in light of direct correspondence.

Angola’s oil creation likewise dropped, yet with 1.16 million barrels each day, it is even more than Nigeria and has now accepted the status as Africa’s biggest maker of oil.

Comments (0)
Add Comment