AZ

US Energy Information Administration updates Azerbaijan’s oil production forecast

The U.S. Energy Information Administration (EIA), operating under the United States Department of Energy, has updated its forecast for Azerbaijan’s average daily production of oil and other liquid hydrocarbons for the period covering 2026 and 2027, AzerNEWS reports. AzerNEWS reports that according to the EIA’s latest Short-Term Energy Outlook published in March, the agency expects Azerbaijan’s daily production of oil and other liquid hydrocarbons to remain at 540,000 barrels per...

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