IEA: Azerbaijan falls short of OPEC+ oil production quota in July

Azerbaijan’s oil production stood at 440,000 barrels per day in July, 110,000 barrels below its OPEC+ quota.

According to Caliber.Az, citing the International Energy Agency’s (IEA) monthly report, the figure was unchanged from June.

Under the OPEC+ agreement, the country’s 2026 production quota stands at 551,000 barrels per day.

By Jeyhun Aghazada