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EIA

EIA Keeps Azerbaijan Oil Output Forecast for 2027
Economy

EIA Keeps Azerbaijan Oil Output Forecast for 2027

The U.S. Energy Information Administration expects Azerbaijan's oil production in 2027 to average 520,000 barrels per day.

FinFly NewsroomSeptember 9, 2026
EIA Forecasts Azerbaijan Oil Production at 520,000 bpd in 2027
Economy

EIA Forecasts Azerbaijan Oil Production at 520,000 bpd in 2027

The U.S. Energy Information Administration expects Azerbaijan's average daily oil production to reach 520,000 barrels in 2027.

Zeyni JafarovAugust 11, 2026
US Energy Department Raises Brent Price Forecast for 2026 to $86.81
Economy

US Energy Department Raises Brent Price Forecast for 2026 to $86.81

The US Energy Information Administration has raised its Brent oil price forecast for 2026 to $86.81 per barrel amid the renewed blockade of the Strait of Hormuz.

Zeyni JafarovAugust 11, 2026
EIA Lowers Global Oil Demand Forecast for 2026, Raises 2027 Outlook
Economy

EIA Lowers Global Oil Demand Forecast for 2026, Raises 2027 Outlook

The U.S. Energy Information Administration has revised its global liquid fuels demand forecast downward for 2026 but raised it for 2027.

Zeyni JafarovAugust 11, 2026
EIA Keeps Azerbaijan Oil Output Forecast for 2026 Unchanged
Economy

EIA Keeps Azerbaijan Oil Output Forecast for 2026 Unchanged

The U.S. Energy Information Administration (EIA) has maintained its forecast for Azerbaijan's oil production in 2026 at 550,000 barrels per day.

Zeyni JafarovAugust 11, 2026
Opening of Hormuz Accelerates Oil Market Recovery
Economy

Opening of Hormuz Accelerates Oil Market Recovery

Global oil production and trade are gradually returning to pre-conflict trajectory. According to the U.S. Energy Information Administration (EIA), global production will recover to previous levels by the end of 2026, with final alignment in Q1 2027.

Sadraddin AghjayevJuly 7, 2026