Oman's crude output in June drops 7%

09 August 2010

According to monthly data by Oman's national economy ministry, output of crude and condensate by the Sultanate dropped by 7% to 25.3 million barrels in June from 27.2 million barrels in May, Reuters has reported. Omani crude prices rose to $83.70 a barrel in June from $77.77 a barrel in May. The country exported 21 million barrels of oil in June, down 3.7% from 21.8 million barrels in the month previous, the ministry data shows. Crude output alone, excluding condensate, reached 22.4 million barrels in June, a drop of 5.9% from 23.8 million barrels in May, the data showed.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications