Azerbaijan's daily oil production averages 448,000 barrels in August

Azerbaijan's average daily oil production amounted to 448,000 barrels in August this year, Report informs, citing OPEC's monthly update.

According to the OPEC, Azerbaijan's daily oil production last month was 7,000 barrels lower than in July.

While Azerbaijan's daily oil production quota for 2026 under the OPEC+ agreement is 551,000 barrels, actual production in August was 103,000 barrels below the quota.

Azerbaijan's average daily oil production amounted to 454,000 barrels in the first quarter of this year, while the figure stood at 456,000 barrels in the second quarter.

In 2025, Azerbaijan's average daily oil production amounted to 466,000 barrels in the first quarter, 461,000 barrels in the second quarter, 459,000 barrels in the third quarter and 458,000 barrels in the fourth quarter.

Azerbaijan's average daily oil production amounted to 461,000 barrels in 2025.