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Azerbaijan’s Oil Production Fell In January

OIL

Azerbaijan pumped 652kbpd of crude and condensate last month, the Energy Ministry said.

  • Crude and condensate production fell from 668kbpd in Dec and 669kbpd in Nov according to ministry data.
  • January’s output comprised of 533kbpd of crude and 119kbpd of condensate.
  • Azerbaijan agreed to keep crude production at no more than 684kbpd in January as part of the OPEC+ supply deal.

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