Azerbaijan Maintains Oil Output at 460,000 BPD in December

Azerbaijan's oil production in December remained steady at 460,000 barrels per day, the same level recorded in November, according to the International Energy Agency's (IEA) monthly update, as reported by Report.

According to IEA analysts' estimates, Azerbaijan's December oil output was around 90,000 barrels per day below the level set under the OPEC+ production plan, The Caspian Post reports, citing local media.

Under the OPEC+ agreement, Azerbaijan's oil production quota for last year was set at 551,000 barrels per day.