OPEC slightly increases its forecast over oil output in Azerbaijan this year

OPEC slightly increases its forecast over oil output in Azerbaijan this year
# 17 January 2023 17:46 (UTC +04:00)

The Organization of the Petroleum Exporting Countries (OPEC) slightly adjusted its forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2023 towards growth, APA-Economics reports citing a monthly report of OPEC.

According to the forecast, in 2023, the average daily production of oil and other liquid hydrocarbons in the country is predicted to be at the level of 800,000 barrels. This means an increase of 60 thousand barrels in annual comparison and 1000 barrels more than the forecast indicator of the previous year.

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