The U.S. Energy Information Administration has increased its forecast for Azerbaijan’s average daily oil production for 2021.

The U.S. Energy Information Administration has changed its forecast for Azerbaijan's average daily oil production for 2021.

The U.S. Energy Information Administration has changed its forecast for Azerbaijan's average daily oil production for 2021.

Azerbaijan’s forecast for 2020-2021 average daily oil production is stable according to the U.S. Energy Information Administration report released in September.

Azerbaijan’s forecast for 2020-2021 average daily oil production is stable according to the U.S. Energy Information Administration report released in August.

The U.S. Energy Information Administration has changed its forecast for Azerbaijan’s 2020 average daily oil production.

The U.S. Energy Information Administration lowered its forecast for Azerbaijan’s 2020 oil production by 40,000 barrels to 710,000 barrels..

The U.S. Energy Information Administration has forecasted a jump in global petroleum and other liquids supply in the coming years.

The U.S. Energy Information Administration (EIA) has once again confirmed Azerbaijan’s importance in ensuring energy security both at regional and international scale.

On June 8, price of Brent contracts hit above $52 a barrel and on Tuesday, $51 a barrel.