Commodities
EIA Keeps Azerbaijan Oil Production Forecast Steady
The US Energy Information Administration (EIA) has maintained its forecast for Azerbaijan's oil production in 2026. According to the EIA's September Short-Term Energy Outlook, Azerbaijan is expected to average 550,000 barrels per day (bpd) this year, consistent with August's forecast.
The report also indicated that oil production is predicted to stand at 540,000 bpd in the third and fourth quarters of 2026. This remains unchanged from the previous month's forecast.