According to the report of the State Customs Committee, $4.3 billion worth of crude oil and crude oil products were exported from Azerbaijan in the first four months of 2026.
Medianews.az reports that the main destinations are listed as follows: Italy, Romania, Czech Republic, Greece, Bulgaria, Portugal, Croatia, Germany, Thailand, Tunisia.
The international coalition of exporters has set the daily crude oil production quota for Azerbaijan at 551 thousand barrels.
In Azerbaijan's 2026 budget, the price per barrel of oil is taken as $65; Azerbaijani oil of the "Azeri Light" brand started January at $65.71, February at $69.72, March at $79.60, April at $132.35, and May at $122.26.
Including condensate, oil production was 44.5 million tons in 2008, 50.4 million tons in 2009, 50.8 million tons in 2010, 45.6 million tons in 2011, 43.4 million tons in 2012, 43.5 million tons in 2013, 42 million tons in 2014, 41.6 million tons in 2015, 41 million tons in 2016, 38.7 million tons in 2017, 38.8 million tons in 2018, 37.4 million tons in 2019, 34.5 million tons in 2020, 34.6 million tons in 2021, 32.6 million tons in 2022, 30.1 million tons in 2023, 29 million tons in 2024, 27.7 million tons in 2025, and 6.6 million tons in the first quarter of 2026.