The production quotas of 8 countries included in the OPEC+ coalition of oil exporters have been revised.
Medianews.az reports that starting from November, Saudi Arabia can produce 10 million 61 thousand barrels per day, Russia 9 million 532 thousand barrels, Iraq 4 million 255 thousand barrels, United Arab Emirates 3 million 399 thousand barrels, Kuwait 2 million 569 thousand barrels, Kazakhstan 1 million 563 thousand barrels, Algeria 967 thousand barrels, Oman 808 thousand barrels of crude oil.
The daily production quotas of the remaining countries are as follows: Mexico – 1 million 753 thousand barrels, Nigeria – 1 million 500 thousand barrels, Azerbaijan – 551 thousand barrels, Malaysia – 401 thousand barrels, Congo – 277 thousand barrels, Bahrain – 196 thousand barrels, Gabon – 177 thousand barrels, South Sudan – 124 thousand barrels, Brunei – 83 thousand barrels, Equatorial Guinea – 70 thousand barrels, Sudan – 64 thousand barrels.
OPEC includes United Arab Emirates, Equatorial Guinea, Algeria, Iraq, Iran, Congo, Kuwait, Libya, Gabon, Nigeria, Saudi Arabia, Venezuela, while Azerbaijan, Bahrain, Brazil, Brunei, South Sudan, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan are considered partners.
In Azerbaijan's 2025 budget, the price of one barrel of oil has been taken as 70 dollars. Azerbaijani oil of the "AzeriLight" brand started January at 79, February at 78.52, March at 75.68, April at 78.29, May at 65.13, June at 68.82, July at 72.01, August at 72.70, September at 70.54, October at 69.86 dollars.
Toğrul Əli,
Medianews.az
