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Monday, October 20, 2025 22:0 GMT
Oman’s oil exports recorded a marginal decline by the end of August 2025, reaching around 205.04mn barrels compared to 205.48mn barrels during the same period in 2024, according to preliminary data from the National Centre for Statistics and Information (NCSI).The report showed that the average price of Omani crude stood at US$72.1 per barrel by the end of August 2025, down 12.6% from US$82.5 per barrel in the corresponding period of 2024.Average daily production reached 993,200 barrels per day, marking a slight 0.1% fall from 994,500 barrels per day in 2024.Oman’s total oil output amounted to 241.37mn barrels by the end of August 2025, a 0.5% drop from 242.67mn barrels in the same period last year.The figures indicate relative stability in the Sultanate’s oil sector despite global volatility in crude prices and demand trends.