The US Energy Information Administration (EIA) has maintained its 2027 forecast for Azerbaijan's daily oil production at 520,000 barrels per day, Report informs, citing the agency's June edition of the "Short‑Term Energy Outlook".
According to the updated figures, production in the first quarter of 2027 will be 530,000 bpd.
In the second and third quarters of 2027, production is expected to be 520,000 bpd in each quarter.
For the fourth quarter, the EIA forecasts average daily production of 510,000 bpd.
It should be noted that the US Energy Department released similar figures one month earlier.