The Organization of Petroleum Exporting Countries (OPEC) has slightly raised its daily average oil production forecast for 2020 in Azerbaijan, APA-Economics reports.

Earlier OPEC forecasted that this year in the country, the daily average oil production will be 0.79 mln. barrels.

And based on the new forecast, in 2020 in the country, the daily average oil production will increase by 0.01 mln. barrels and will be 0.80 mln. barrels.

Last year, the average oil production in Azerbaijan was 0.79 million. barrel.

Source