Muscat: Oman's oil exports declined slightly by 0.2 percent to approximately 178,746,000 barrels by the end of July, compared to 179,036,800 barrels during the same period in 2024.
According to Qatar News Agency, preliminary statistics issued by the Omani National Centre for Statistics and Information (NCSI) indicate that the average price of oil decreased by 12.1 percent to US$ 72.5 per barrel by the end of July, compared to US$ 82.5 during the same period last year.
Statistics showed that average daily oil production also decreased by 0.4 percent, reaching 991,100 barrels per day by the end of July, compared to 994,800 barrels per day for the same period in 2024.
Oman's total oil production decreased by 0.8 percent, reaching 210,122,200 barrels, compared to 211,895,600 barrels during the same period in 2024.