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FINANCIAL NEWS
Oman’s crude oil production drops by 0.86 percent
23 Nov 2016
(MENAFN) Oman’s crude oil production declined to 0.86 percent to 31.37mn barrels in Oct this year, which is equivalent to 1.011.892 barrels per day.
Moreover, the Sultanate exported 27.26mn barrels or 879.493 barrels per day in the cited month, indicating a 5.74 percent increase over the previous month.
Meanwhile, exports to China have increased compared to Sep this year, while China imported 86.02 percent of Oman’s crude oil exports.
Additionally, Taiwan”s import of Oman Crude also increased to 7.46 percent, whereas the Japanese imports posted a decline of 3.85 percent.
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