Business

Oil exports dip as Oman sees modest production growth

Oman’s oil exports recorded a marginal decline by the end of December 2025, while average production and total output saw slight increases.

MUSCAT : The statistics showed that oil exports slipped by 0.1 per cent to 307.96 million barrels by the end of December 2025, compared to 308.42 million barrels during the same period in 2024.

The average price of Omani crude fell by 12.1 per cent year-on-year, reaching $71 per barrel by the end of December 2025, down from $80.8 per barrel during the corresponding period last year.

Despite the dip in exports and prices, oil production trends remained stable. Average daily oil production increased by 0.9 per cent to 1.002 million barrels per day by the end of December 2025, compared to 992,600 barrels per day in the same period of 2024.

Total oil production also rose slightly by 0.7 per cent, reaching 365.75 million barrels by the end of December 2025, up from 363.29 million barrels recorded during the same period a year earlier.

Oman's oil exports slightly declined by 0.1% to 307.96 million barrels in 2025, while the average price of crude dropped by 12.1% to $71 per barrel. Despite these declines, oil production showed modest growth, with daily production increasing by 0.9% to 1.002 million barrels and total production rising by 0.7% to 365.75 million barrels.

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