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Oman News

Oman oil exports exceed 230.5 million barrels by September 2024

The Sultanate of Oman exported approximately 230,575,500 barrels of oil in the first nine months of 2024, generating an average price of $82.6 per barrel.

ONA

info@thearabianstories.com

Sunday, November 3, 2024

Muscat – This figure constitutes 84.6 percent of the total oil production of 272,411,400 barrels during the same period.

Statistics released by the National Center for Statistics and Information reveal that total oil exports increased by 0.1 percent at the end of September 2024, compared to the same period last year, when exports totalled 230,292,300 barrels. This rise in exports coincides with a decrease in overall oil production, which declined by 5.1 percent, from 287 million barrels at the end of September 2023.

Total crude oil production fell by 6.7 percent to 208,549,300 barrels by the end of September, while total oil condensate production saw a slight increase of 0.6 percent, reaching 63,862,100 barrels. The average daily oil production stood at 994,200 barrels until the end of September 2024.

China topped the list of oil importers from the Sultanate of Oman, with total exports amounting to 219,556,900 barrels, an increase of 4.5 percent from the end of September 2023. Japan followed with 3,955,600 barrels, a decrease of 46.4 percent, while South Korea imported 3,758,900 barrels, an increase of 31.8 percent. Exports to India amounted to 2,002,000 barrels, a decrease of 26.3 percent.

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