The average daily crude oil production in Azerbaijan was at the level of 480,000 barrels in October 2023, APA-Economics reports citing S&P Global Commodity Insights.
According to S&P, within the framework of OPEC+ cooperation, Azerbaijan's daily crude oil production quota is 684,000 barrels.
Thus, Azerbaijan fell 204 thousand barrels behind its quota within the framework of OPEC+ in October, according to the overview of S&P Global Commodity Insights.