NCSI Announces Oman’s Oil Exports in January

Oman exported approximately 25.82 million barrels of oil by the end of January 2025, with an average price of US$72.5 per barrel, according to data from the National Centre for Statistics and Information (NCSI). Oil exports accounted for 84.3% of total production, which stood at 30.61 million barrels for the month. However, exports declined by 1.5% compared to January 2024, when Oman shipped 26.2 million barrels.

This drop coincided with a 2% reduction in production, which had reached 31.23 million barrels in the same period last year. Crude oil output fell by 2.2% to 23.39 million barrels, while condensate production totalled 7.22 million barrels. The average daily oil production stood at 987,500 barrels in January 2025.