Azerbaijan oil output falls to 733,300 bpd in March-energy ministry

BAKU: Azerbaijan produced 733,300 barrels per day (bpd) of crude oil in March, sticking to its pledge to reduce output as part of a global deal, the country's energy ministry said on Monday.

Azerbaijan's oil production has declined steadily in recent months; it produced 793,900 bpd in January and 776,400 bpd in February. But prior to a December 10 agreement between the Organization of the Petroleum Exporting Countries (OPEC) and other leading oil producers, the country had produced 829,100 bpd.