Tuesday, October 06, 2026 | Rabi' ath-thani 24, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oman’s oil exports rise 1.9%

Oil production rose by 11.9 per cent to 270 million barrels, compared with 241.4 million barrels in the corresponding period last year.
Oil production rose by 11.9 per cent to 270 million barrels, compared with 241.4 million barrels in the corresponding period last year.
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MUSCAT: Oman’s total oil exports reached 209 million barrels in the first eight months of 2026, up 1.9 per cent from 205 million barrels during the same period in 2025, according to the National Centre for Statistics and Information (NCSI).


Oil production rose by 11.9 per cent to 270 million barrels, compared with 241.4 million barrels in the corresponding period last year.


Average daily oil production increased by 10.9 per cent to approximately 1.1 million barrels per day, compared with 993,300 barrels per day a year earlier.


Monthly oil production reached 36.3 million barrels in August, compared with 35.8 million barrels in July and 34.4 million barrels in June. Oil exports totalled 27.1 million barrels in August, up from 26.7 million barrels in July and 25.7 million barrels in June.


The average price of Omani oil increased by 15.5 per cent to $83.3 per barrel during January–August, compared with $72.1 per barrel in the same period in 2025.


However, the monthly average price fell by 22.5 per cent to $79.1 per barrel in August, compared with $102 per barrel in July.


In the natural gas sector, total domestic production and imports increased by 6.4 per cent year on year to 40.5 billion cubic metres in the first eight months of 2026, compared with 38.1 billion cubic metres a year earlier.


Gas consumption at power generation plants rose by 13.8 per cent to 11.7 billion cubic metres, while consumption by industrial projects increased by 4.9 per cent to 19.9 billion cubic metres.


Consumption at oil fields grew by 1.5 per cent to 8.7 billion cubic metres. However, consumption in industrial zones declined by 32.6 per cent to 126 million cubic metres, compared with 186.9 million cubic metres during the corresponding period in 2025. — ONA


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