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.

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