Business

Oman oil exports rise 2.5%

Oil production reached 305.14 million barrels during January-September.
 
Oil production reached 305.14 million barrels during January-September.

MUSCAT: The Sultanate of Oman’s oil exports rose 2.5 per cent to 235.84 million barrels in the first nine months of 2026, while production increased 12.3 per cent, according to the National Centre for Statistics and Information.
Exports compared with 230.18 million barrels in the corresponding period of 2025, data from the centre’s monthly statistical bulletin showed.
Oil production reached 305.14 million barrels during January-September, up from 271.70 million barrels a year earlier.
Average daily output increased 12.3 per cent to about 1.12 million barrels, compared with 995,200 barrels in the first nine months of 2025.
The average price of Omani oil rose 14.7 per cent to $82.60 a barrel over the period, from $72.00 a barrel a year earlier.
On a monthly basis, September production totalled 35.12 million barrels, compared with 36.22 million barrels in August. Average daily output was approximately 1.17 million barrels in both months.
The average oil price fell to $76.40 a barrel in September from $79.10 in August. — ONA