OPEC expects Azerbaijan’s oil production at 0.96 mln bpd

OPEC expects Azerbaijan’s oil production at 0.96 mln bpd Azerbaijan’s oil production will remain steady at 0.96 million barrels per day (bpd) in 2012 and 2013, OPEC’s August oil market report says. According to OPEC forecasts, the country’s oil production will amount to 0.96 million bpd in the third quarter and 0.99 million bpd in the fourth quarter of 2012 compared to 0.92 million bpd in the second quarter of this year. The highest level of Azerbaijan’s... Read More