Muscat:The Sultanate of Oman has seen a 2.5% increase in its total oil exports through the end of September, reaching approximately 235.84 million barrels. This marks an increase from 230.18 million barrels during the same period in the previous year.
According to Yemen News Agency, citing data from Oman’s National Centre for Statistics and Information, oil production in Oman rose by 12.3% through the end of September. The production reached 305.14 million barrels, up from 271.70 million barrels during the same period last year. The average daily production also saw an increase, reaching 1.12 million barrels per day compared to 995,200 barrels per day through the end of September of the previous year.
The average price of Omani oil increased by 14.7%, reaching $82.6 per barrel through the end of September, compared to $72 per barrel during the same period last year. On a monthly basis, oil production in September was approximately 35.12 million barrels, slightly lower than 36.22 million barrels in August. The average daily production remained steady at 1.17 million barrels in both August and September, while the average oil price was $76.4 per barrel in September, compared to $79.1 per barrel in August.
