EIA Keeps Azerbaijan Oil Production Forecast Unchanged

The U.S. Energy Information Administration (EIA) has maintained its forecast for Azerbaijan's oil production in 2026 at 550,000 barrels per day (bpd). This prediction is consistent with the July forecast and reflects an increase from previous quarters.

Azerbaijan's oil production is expected to reach 540,000 bpd in the third and fourth quarters of this year, according to the EIA's August edition of its 'Short-Term Energy Outlook' report. The first and second quarters of 2025 saw oil production at 570,000 bpd.