Skip to content
Back to Guavy Wire
Commodities

Nigeria's Oil Production Surges Amid Reduced Pipeline Losses and Increased Security

Instruments
Oil
Share

Nigeria's oil production has seen a significant surge due to various factors. According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), pipeline losses have dropped to historic lows, with combined crude oil and condensate production increasing to approximately 1.735 million barrels per day in June.

This milestone represents the fourth consecutive monthly increase, following the impact of Tantita Security Services Nigeria Ltd's (TSSNL) operations in protecting national assets, especially oil pipelines in the Niger Delta region.

The appointment of TSSNL, led by High Chief Dr. Government Oweizide Ekpemupolo alias Tompolo, has contributed to the increased security and stability in the region.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc