Oman's oil exports reached 209 million barrels by the end of August 2026, showing a growth of 1.9 percent compared to 205 million barrels in the same period last year. This information was released by the National Center for Statistics and Information of Oman.
Growth of Oman's Oil Production
Oman's oil production also increased to 270 million barrels by the end of August 2026, representing an 11.9 percent growth compared to 241.4 million barrels last year. Furthermore, the average daily oil production of the country rose by 10.9 percent to 1.1 million barrels per day, while this figure was 993,300 barrels per day last year.
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Price and Export Developments of Oil
In August, Oman's oil production reached 36.3 million barrels, an increase from 35.8 million barrels in July and 34.4 million barrels in June. Oil exports in August reached 27.1 million barrels, also up from 26.7 million barrels in July and 25.7 million barrels in June.
The average price of Omani oil from January to the end of August increased by 15.5 percent to $83.3 per barrel, while in the same period last year, this price was $72.1. In August, the average price of Omani oil reached $79.1 per barrel, showing a decrease of 22.5 percent compared to July, which recorded an average price of $102 per barrel.
Natural Gas Production Status
In the natural gas sector, domestic production and imports reached 40.5 billion cubic meters by the end of August 2026, reflecting a growth of 6.4 percent compared to 38.1 billion cubic meters in the same period last year. Gas consumption in power generation plants increased by 13.8 percent to 11.7 billion cubic meters, while gas consumption in industrial projects rose by 4.9 percent to 19.9 billion cubic meters.
Gas consumption in oil fields also increased by 1.5 percent to 8.7 billion cubic meters; however, gas consumption in industrial areas decreased by 32.6 percent to 126.0 million cubic meters, down from 186.9 million cubic meters last year.
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