Increase in Oman Oil Exports as Output Hikes in 2026

Oman’s oil exports rose 2.7 per cent by the end of May 2026, reaching 129.5 million barrels compared with 126.1 million barrels during the same period in 2025, according to preliminary data from the National Centre for Statistics and Information. The average oil price increased 1.3 per cent to US$76.2 per barrel, up from US$75.2 a year earlier.

Oman’s average daily oil production grew 9.7 per cent to 1.083 million barrels per day, while total oil output also climbed 9.7 per cent to 163.6 million barrels during the first five months of 2026, reflecting stronger production levels and market performance.