Crude Oil Production in Azerbaijan averaged 578.25 BBL/D/1K from 1993 until 2021, 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 October of 2021.
Crude Oil Production in Azerbaijan is expected to be 730.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Crude Oil Production is projected to trend around 860.00 BBL/D/1K in 2022 and 950.00 BBL/D/1K in 2023, according to our econometric models.