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Oman News

Oman’s oil production rises by 9.7%

The average price of oil witnessed an increase of 60.9% by the end of June 2022 to reach $90.4 per barrel.

TAS News Service

info@thearabianstories.com

Saturday, August 13, 2022

MUSCAT: The average daily oil production until the end of June 2022 reached over one million barrels, registering an increase of 9.7 percent compared to the same period in 2021.

Meanwhile, the average price of oil until the end of June 2022 increased by 60.9 percent to reach $90.4 per barrel, according to data issued by the National Center for Statistics and Information.

The total domestic production of natural gas also increased by 4.4 percent to reach over 25 billion cubic meters.

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