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Thursday July 10 2025

OPEC forecast fuels optimism for Azerbaijan’s oil-driven growth

9 July 2025 17:45 (UTC+04:00)
OPEC forecast fuels optimism for Azerbaijan’s oil-driven growth
Qabil Ashirov
Qabil Ashirov
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The Energy Information Administration (EIA) of the U.S. Department of Energy recently released its forecast for OPEC’s daily crude oil production in 2026, projecting a steady increase to 33.08 million barrels per day. This slight but meaningful rise from this year’s estimated 32.84 million barrels signals a continued trend of cautious optimism in global energy markets. With OPEC's production forecast suggesting continued discipline and measured output growth, experts now predict that the global oil price may remain within the...

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