Muscat: The latest figures show that Oman’s oil production rose by 0.4 per cent year-on-year to approximately 333.94 million barrels by the end of November 2025, compared to 332.69 million barrels during the same period in 2024. Average daily production also increased, reaching 999,800 barrels per day, up from 993,100 barrels per day recorded a year earlier.
Despite the rise in output, oil prices moved in the opposite direction. The average price of Omani crude stood at around US$71.6 per barrel by the end of November 2025, marking a 12.4 per cent decline compared to US$81.8 per barrel during the corresponding period last year.
Export volumes remained largely stable. Total oil exports rose marginally by 0.1 per cent to 282.34 million barrels by the end of November 2025, compared to 282.19 million barrels exported during the same period in 2024.
Oman's oil production increased by 0.4% to 333.94 million barrels by November 2025, with daily output reaching 999,800 barrels. Despite this rise, oil prices fell by 12.4% to $71.6 per barrel. Export volumes remained stable, with a slight increase of 0.1% to 282.34 million barrels.