Production of crude oil in May increases

MUSCAT: The Sultanate’s total crude oil and condensates production during May stood at 30,001,819 barrels, a daily average by 967,800 barrels. The total quantities of crude oil exported during the month stood at 24,813,940 barrels, a daily average of 800,450 barrels, comprising a rise of 5.58 per cent compared to April when calculating the daily average. The report said that China imported 80.74 of the exported crude, a decline by 14.86 per cent compared to April. The imports by Taiwan rose by 3.16 per cent, while the imported quantities by Malaysia stood at 7.66 per cent, the Philippines 2.02 per cent and Japan 2.01 per cent.