By the end of September 2026, Oman achieved approximately 235.84 million barrels in oil exports, reflecting a 2.5% increase. This figure compares to 230.18 million barrels during the same period last year, indicating significant growth in the oil sector of the country.
Increase in Oman's Oil Production
According to published data, Oman's oil production also grew by 12.3% to reach 305.14 million barrels by the end of September 2026. This increase compared to 271.70 million barrels during the same period last year demonstrates a remarkable improvement in the country's production capacity.
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Oman's average daily oil production has also increased to 1.12 million barrels per day, showing significant growth compared to 995.2 thousand barrels per day in September 2025. This increase in production could help meet domestic and foreign needs while also strengthening Oman's foreign exchange revenues.
Fluctuations in Omani Oil Prices
The average price of Omani oil reached $82.6 per barrel by the end of September 2026, reflecting a 14.7% increase. This increase compared to $72 per barrel during the same period last year will have a positive impact on Oman's economy.
In September 2026, Oman's oil production reached approximately 35.12 million barrels, showing a slight decrease from 36.22 million barrels in August of the same year. However, the average daily production in September 2026 remained at 1.17 million barrels, the same as in August 2026.
Finally, the average oil price in September 2026 fell to $76.4 per barrel, down from $79.1 in August 2026. These price fluctuations could have direct impacts on global oil markets as well as on Oman's economic planning.
