“In December 2020, daily oil production in Azerbaijan amounted to 688.8 thousand barrels.
Of this production, 587 thousand are crude oil, 101.8 thousand are condensate.
Having undertaken the obligation to maintain the average daily production in December at 587 thousand barrels, Azerbaijan has fulfilled its obligation on OPEC + by 100%, ”RIA Novosti reported.
Earlier, Russian Deputy Prime Minister Alexander Novak said that Russia has been implementing the OPEC + agreement at a level close to 100% since May 2020.
In December 2020, Natalya Milchakova, deputy head of the Alpari IAC, told the FAN under what conditions oil could rise in price to $ 80 per barrel.