Libya has emerged as the highest crude oil producer in Africa following the drop of Nigeria’s output by 6.8 per cent to 1.23 million barrels per day in March 2024, from 1.32 bpd in February 2024....CONTINUE READING
The Organisation of Petroleum Exporting Countries (OPEC) stated on Thursday in its in its latest Monthly Oil Market Report for April 2024.
According to OPEC, while Nigeria’s output dropped by 6.8%, Libya’s oil output rose by 5.4 per cent to 1.236 million bpd in March 2024, from 1.173 million bpd in February 2024.