Oman’s Crude Oil Production Reaches 29.18 MM Barrels in September

Oman’s Crude Oil Production Reaches 29.18 MM Barrels in September

Oman’s total production of crude oil and condensates reached around 29.18 million barrels, with a daily average of around 972,750 barrels in September, according to a report by the Omani Ministry of Oil and Gas, Times of Oman reported.

The report clarified the exported quantities of Omani crude oil as well. The total exports reached 25.25 million barrels, with a daily average of 859,290 barrels in September. It is worth noting that the Chinese imports of Oman’s crude oil represented 77.96% of the total Omani exports.

When it comes to prices, the average monthly price for Oman Crude Oil Future’s Contract at the Dubai Mercantile Exchange (DME) jumped by 3.6% compared with previous month.

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