The published figures, based on data from secondary sources, show a new growth in production, after an increase of 32 thousand barrels per day in August, compared to the previous month.
In July, OPEC counted 1.186 million barrels per day, and this production would increase in the following month, to 1.218 million barrels per day (revised upward value, since the previous report recorded 1.21 million barrels). daily barrels).
Angola maintained its position as the second largest African crude producer in OPEC, behind Nigeria.
Nigeria, the African leader in oil production, saw its daily production decline to 1.461 million barrels, registering a drop of 6000 barrels a day after a downward revision of August production.
According to data obtained from secondary sources, in July and August, Nigeria produced 1.467 million barrels per day over the two months.
During practically the entire year of 2016 and until May 2017, Angola led oil production in Africa, a position that it has since lost to Nigeria.
Production in Nigeria was conditioned, between 2015 and 2016, by terrorist attacks, armed groups and internal political instability.
The most recent OPEC report also states that, in terms of "direct communications" to the organization, Angola produced 1216 million barrels per day in September, 50,000 barrels less per day than in the previous month.
In the case of Nigeria, daily production stood at 1310 million barrels in August, showing a drop in the order of 58,000 barrels per day compared to the previous month.
Due to the consequences of the covid-19 pandemic, with the impact on the economy and the decrease in consumption, the OPEC Joint Technical Committee has been recommending cuts in oil production.
In the released document, OPEC maintained forecasts for world oil consumption in 2020 and 2021, due to uncertainty about the effect of a second wave of the pandemic on the global economy.
According to OPEC, oil consumption will fall 9.5 million barrels per day this year compared to 2019, maintaining the forecast of a daily demand of around 90.3 million barrels for this year and 96.8 million barrels. barrels per day for 2021.
The pandemic has hit oil demand due to the global economic slowdown, with restrictions on circulation, teleworking and reduced travel causing energy consumption to drop.
