MUSCAT : According to preliminary data released by the National Centre for Statistics and Information, Oman exported 76,852,100 barrels during the first three months of 2026, up from 74,971,500 barrels in the corresponding period of 2025, reflecting steady growth in external shipments despite softer global prices.
Average oil prices declined by 16.5 percent over the same period, falling to $75.3 per barrel compared with 2025 levels, the data showed.
On the production side, Oman recorded a 4.8 percent increase in average daily output, reaching approximately 1.034 million barrels per day by the end of March 2026, up from 986,800 barrels per day a year earlier.
Read More
- Oman plans loan repayment freeze to support struggling SMEs due to geopolitical issues
- Oil drops, gold rises as banks reassess post-war market outlook
- Asyad Group joins Oman-Netherlands NoorBridge project for green hydrogen export corridors
- Bank Muscat partners with Skill IQ to strengthen AI-Led learning and employee development
- Sensex surges 736 points, Nifty nears 24,000 as Iran-US peace deal lifts market sentiment
Total oil production also rose 4.8 percent to 93,089,400 barrels during the period, compared with 88,813,000 barrels in the first quarter of 2025, underscoring improved upstream performance.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
