Angola has edged Nigeria to become Africa’s biggest oil producer

The Organization of Petroleum Exporting Countries (OPEC) Monthly Oil Market Report for May 2022 showed that Angola’s oil production is now higher than that of Nigeria. With output measuring 1.16 million barrels per day (bpd) in May, and following production declines in Nigeria, Angola now represents the continent’s biggest producer, despite showing declines itself. In … Continue reading Angola has edged Nigeria to become Africa’s biggest oil producer