In July 2023, the oil production in Azerbaijan amounted to 500 thousand b/d, the Platts review conducted by S and P Global Commodity Insights. In July, Azerbaijan's quota for oil production under the OPEC+ deal was 684 thousand b/d. Thus, according to S and P Global Commodity Insights, Azerbaijan lagged behind the OPEC+ quota by 184 thousand b/d in July. The Ministry of Energy of Azerbaijan has not yet provided data on oil production in the country in July 2023

Source: Turan News Agency