Crude Oil Production in Azerbaijan decreased to 758 BBL/D/1K in February from 776 BBL/D/1K in January of 2020.
Crude Oil Production in Azerbaijan averaged 586.78 BBL/D/1K from 1994 until 2020, reaching an all time high of 1072 BBL/D/1K in June of 2009 and a record low of 168 BBL/D/1K in February of 1997. This page provides the latest reported value for - Azerbaijan Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Crude Oil Production - values, historical data and charts - was last updated on June of 2020.
Crude Oil Production in Azerbaijan is expected to be 790.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Azerbaijan to stand at 800.00 in 12 months time. In the long-term, the Azerbaijan Crude Oil Production is projected to trend around 850.00 BBL/D/1K in 2021, according to our econometric models.