Azerbaijan’s average daily oil production stood at 447,000 barrels in October 2026.
Axar.az reports that the figure was included in the monthly report of the Organization of the Petroleum Exporting Countries (OPEC).
According to the report, daily production fell by 4,000 barrels compared with September.
Azerbaijan’s average daily oil production stood at 454,000 barrels in the first quarter of 2026, 456,000 barrels in the second quarter and 450,000 barrels in the third quarter.
It should be noted that Azerbaijan’s current crude oil production quota under the OPEC+ alliance, which includes OPEC members and some non-OPEC oil-producing countries, is 551,000 barrels per day. Last month, Azerbaijan’s output was 104,000 barrels per day below its OPEC+ quota.
Source: en.axar.az