Tag: oman oil
Everything You Need To Know About The Government-Owned Ras Markaz Oil Storage Station
The crude storage terminal at Ras Markaz in the Wilayat of Duqm, Al Wusta Governorate, assumes significance as a vital project undertaken by Oman...
Oman’s 2022 General State Budget Aims To Increase Oil Production To 1mn+ Barrels Per...
A Royal Decree issued by His Majesty Sultan Haitham Bin Tarik ratified the General State Budget for the year 2022. And while it grants...
ENERGY: Oil Barrel Sees 18.6% Hike In Price in July 2021
The Sultanate's oil production stood at 202,779,900 barrels at the end of July 2021, compared to 204,988,100 barrels at the end of July 2020,...
REPORT: More People In Oman Are Buying Premium-Grade M95 Fuel In 2021
The Sultanate is witnessing an increase in production and sale of premium- and super-grade M95 petrol in 2021, when compared to 2020, as per...
REPORT: Oman Crude Oil Prices Hit 12-Month High At US$64.88
Muscat: The price of Oman oil has exceeded the US$64 mark per barrel after a 12-month gap, the Dubai Mercantile Exchange (DME) has revealed.
Clocking...
China, India Top Importers Of Omani Crude; Oil Production Decreases By 9.1%
China and India retained their positions as top importers of Omani crude oil in 2020, as per reports issued by the National Center for...
4 Key Fiscal Reforms That Are Expected To Boost Oman’s Economy
The Government of Oman has made substantial fiscal adjustments since a sharp decline in oil prices since mid-2014, resulting in the formation of a foundation...
China, India Among Top Importers Of Omani Crude Oil: Report
Muscat: China and India retained their positions as top importers of Omani Crude oil in a recent report issued by the National Centre for Statistics...
How Much Crude Oil Did Oman Produce In September 2020?
Muscat: The Sultanate witnessed a drop in crude oil production but saw a sharp increase in the production of condensates. Click below to read...
Oman’s Economy In ‘Much Better Shape Than Recent IMF Forecasts’: IIF
The Institute of International Finance (IIF) affirmed that the Sultanate is making great progress in its financial adjustment and structural improvements that will help...
