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Nigeria's oil output slips to 1.69 million barrels a day in October but stays above its OPEC quota

Nigeria produced an average of 1,687,710 barrels a day of crude oil and condensate in October, about 1.7% less than in September, according to the Nigerian Upstream Petroleum Regulatory Commission. Crude alone averaged 1.51 million barrels a day, keeping output above the 1.5 million OPEC quota for a sixth consecutive month as the regulator speeds up drilling approvals.