Commodities

OPEC Cites 8% Drop in BTC Pipeline Oil Exports for July

Guavy AI Editorial Team Published September 10, 2026

Instruments

Oil

The Baku-Tbilisi-Ceyhan (BTC) pipeline saw an 8% decrease in average daily oil exports in July, according to a report from OPEC. This translates to a drop of 44,000 barrels per day compared to June.

OPEC's monthly update noted that the overall decline in oil transportation via the BTC pipeline was 3% year-on-year, or 14,000 barrels per day. The BTC pipeline spans 1,768 kilometers and connects Azerbaijan, Georgia, and Türkiye.

The Wire

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