OPEC+ Alliance Increases Oil Output by 188,000 Bpd in September

The OPEC+ alliance has agreed to increase combined oil output by 188,000 barrels per day in September 2026. Nigeria will maintain its current crude oil production quotas as a result of this decision.

This move is designed to manage the delicate equilibrium between supply surpluses and sudden demand shocks in the global energy markets.

The exemption for Nigeria highlights the structural limitations that have consistently prevented Africa's largest oil producer from meeting its full OPEC allocations in recent years.